Call reports 2008
FIRST SOUTH BANK — 2008
What FIRST SOUTH BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 399,789,000 | 396,460,000 | 396,665,000 | 402,918,000 |
| Total loans | 273,954,000 | 283,228,000 | 280,806,000 | 266,075,000 |
| Allowance for loan losses | 3,336,000 | 3,344,000 | 2,803,000 | 3,029,000 |
| Securities available for sale | 73,158,000 | 73,278,000 | 71,565,000 | 85,224,000 |
| Securities held to maturity | 165,000 | 165,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,284,000 | 328,903,000 | 326,106,000 | 327,649,000 |
| Interest-bearing deposits | 295,539,000 | 288,349,000 | 284,173,000 | 281,102,000 |
| Noninterest-bearing deposits | 40,745,000 | 40,554,000 | 41,933,000 | 46,547,000 |
| Equity capital | 41,196,000 | 39,638,000 | 40,505,000 | 42,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,215,000 | 12,145,000 | 17,899,000 | 23,409,000 |
| Interest expense | 2,591,000 | 4,985,000 | 7,094,000 | 9,101,000 |
| Net interest income | 3,624,000 | 7,160,000 | 10,805,000 | 14,308,000 |
| Noninterest income | 1,503,000 | 2,966,000 | 4,566,000 | 5,933,000 |
| Noninterest expense | 3,379,000 | 6,797,000 | 10,184,000 | 13,420,000 |
| Provision for loan losses | 161,000 | 392,000 | 1,204,000 | 2,423,000 |
| Pretax income | 1,605,000 | 3,212,000 | 4,258,000 | 4,673,000 |
| Income tax | 107,000 | 211,000 | 246,000 | 279,000 |
| Net income | 1,498,000 | 3,001,000 | 4,012,000 | 4,394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,941,000 | 33,174,000 | 33,825,000 | 33,827,000 |
| Total capital | 36,277,000 | 36,518,000 | 36,628,000 | 36,856,000 |
| Risk-weighted assets | 282,286,000 | 287,281,000 | 284,723,000 | 277,895,000 |
Machine access — free, no API key
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