Call reports 2016
FIRST SOUTH BANK — 2016
What FIRST SOUTH BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 460,279,000 | 460,991,000 | 461,862,000 | 475,898,000 |
| Total loans | 251,074,000 | 257,145,000 | 260,384,000 | 255,110,000 |
| Allowance for loan losses | 2,611,000 | 2,365,000 | 2,358,000 | 2,434,000 |
| Securities available for sale | 161,628,000 | 156,214,000 | 154,340,000 | 166,211,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 384,611,000 | 379,360,000 | 372,788,000 | 396,299,000 |
| Interest-bearing deposits | 316,040,000 | 310,066,000 | 303,000,000 | 314,074,000 |
| Noninterest-bearing deposits | 68,571,000 | 69,294,000 | 69,788,000 | 82,225,000 |
| Equity capital | 56,948,000 | 57,304,000 | 58,502,000 | 55,422,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,143,000 | 8,344,000 | 12,630,000 | 16,883,000 |
| Interest expense | 357,000 | 724,000 | 1,091,000 | 1,461,000 |
| Net interest income | 3,786,000 | 7,620,000 | 11,539,000 | 15,422,000 |
| Noninterest income | 2,242,000 | 3,997,000 | 5,774,000 | 7,433,000 |
| Noninterest expense | 4,028,000 | 7,950,000 | 11,914,000 | 16,041,000 |
| Provision for loan losses | 30,000 | 120,000 | 120,000 | 120,000 |
| Pretax income | 1,973,000 | 3,613,000 | 5,349,000 | 6,764,000 |
| Income tax | 128,000 | 230,000 | 346,000 | 414,000 |
| Net income | 1,845,000 | 3,383,000 | 5,003,000 | 6,350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,990,000 | 44,929,000 | 45,812,000 | 47,188,000 |
| Total capital | 47,601,000 | 47,294,000 | 48,170,000 | 49,622,000 |
| Risk-weighted assets | 300,205,000 | 300,280,000 | 302,162,000 | 306,680,000 |