Call reports 2015
FIRST SOUTH BANK — 2015
What FIRST SOUTH BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 447,956,000 | 446,908,000 | 442,524,000 | 460,376,000 |
| Total loans | 239,596,000 | 257,019,000 | 257,384,000 | 256,696,000 |
| Allowance for loan losses | 2,832,000 | 2,630,000 | 2,615,000 | 2,600,000 |
| Securities available for sale | 166,631,000 | 150,149,000 | 142,188,000 | 156,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,673,000 | 360,296,000 | 356,771,000 | 382,100,000 |
| Interest-bearing deposits | 305,150,000 | 301,803,000 | 294,661,000 | 310,411,000 |
| Noninterest-bearing deposits | 61,523,000 | 58,493,000 | 62,110,000 | 71,689,000 |
| Equity capital | 56,799,000 | 55,190,000 | 57,068,000 | 54,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,912,000 | 8,084,000 | 12,239,000 | 16,329,000 |
| Interest expense | 366,000 | 740,000 | 1,111,000 | 1,476,000 |
| Net interest income | 3,546,000 | 7,344,000 | 11,128,000 | 14,853,000 |
| Noninterest income | 2,066,000 | 3,880,000 | 5,783,000 | 7,457,000 |
| Noninterest expense | 3,959,000 | 7,817,000 | 11,789,000 | 15,737,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,705,000 | 3,562,000 | 5,285,000 | 6,740,000 |
| Income tax | 109,000 | 231,000 | 341,000 | 432,000 |
| Net income | 1,596,000 | 3,331,000 | 4,944,000 | 6,308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,635,000 | 44,745,000 | 45,627,000 | 44,007,000 |
| Total capital | 47,467,000 | 47,375,000 | 48,242,000 | 46,607,000 |
| Risk-weighted assets | 294,445,000 | 303,866,000 | 301,128,000 | 302,488,000 |