Call reports 2011
FIRST SOUTH BANK — 2011
What FIRST SOUTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 422,239,000 | 419,776,000 | 428,993,000 | 437,566,000 |
| Total loans | 253,135,000 | 264,691,000 | 261,878,000 | 252,729,000 |
| Allowance for loan losses | 4,507,000 | 4,259,000 | 4,130,000 | 4,084,000 |
| Securities available for sale | 120,717,000 | 106,223,000 | 105,808,000 | 136,796,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 355,613,000 | 352,892,000 | 348,885,000 | 357,481,000 |
| Interest-bearing deposits | 311,740,000 | 308,684,000 | 304,143,000 | 304,937,000 |
| Noninterest-bearing deposits | 43,873,000 | 44,208,000 | 44,742,000 | 52,544,000 |
| Equity capital | 47,260,000 | 49,449,000 | 51,356,000 | 51,910,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,758,000 | 9,626,000 | 14,549,000 | 19,248,000 |
| Interest expense | 977,000 | 1,820,000 | 2,605,000 | 3,288,000 |
| Net interest income | 3,781,000 | 7,806,000 | 11,944,000 | 15,960,000 |
| Noninterest income | 1,077,000 | 2,349,000 | 3,771,000 | 4,931,000 |
| Noninterest expense | 3,320,000 | 6,748,000 | 10,450,000 | 13,999,000 |
| Provision for loan losses | 202,000 | 309,000 | 463,000 | 945,000 |
| Pretax income | 1,336,000 | 3,099,000 | 5,042,000 | 6,203,000 |
| Income tax | 91,000 | 213,000 | 327,000 | 385,000 |
| Net income | 1,245,000 | 2,886,000 | 4,715,000 | 5,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,454,000 | 39,216,000 | 39,951,000 | 40,674,000 |
| Total capital | 41,786,000 | 42,573,000 | 43,295,000 | 44,027,000 |
| Risk-weighted assets | 265,411,000 | 267,660,000 | 266,713,000 | 267,540,000 |