Call reports 2006
COMMUNITYSOUTH BANK AND TRUST — 2006
What COMMUNITYSOUTH BANK AND TRUST reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 161,933,000 | 202,926,000 | 236,239,000 | 248,167,000 |
| Total loans | 138,153,000 | 171,182,000 | 193,755,000 | 217,664,000 |
| Allowance for loan losses | 1,897,000 | 2,393,000 | 2,751,000 | 3,091,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,420,000 | 176,834,000 | 206,352,000 | 218,021,000 |
| Interest-bearing deposits | 123,818,000 | 162,664,000 | 192,977,000 | 202,243,000 |
| Noninterest-bearing deposits | 11,602,000 | 14,171,000 | 13,375,000 | 15,778,000 |
| Equity capital | 24,656,000 | 24,948,000 | 28,285,000 | 28,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,648,000 | 5,956,000 | 10,102,000 | 14,738,000 |
| Interest expense | 1,111,000 | 2,652,000 | 4,787,000 | 7,281,000 |
| Net interest income | 1,537,000 | 3,304,000 | 5,315,000 | 7,457,000 |
| Noninterest income | 192,000 | 347,000 | 541,000 | 790,000 |
| Noninterest expense | 1,055,000 | 2,174,000 | 3,513,000 | 5,057,000 |
| Provision for loan losses | 339,000 | 835,000 | 1,193,000 | 1,533,000 |
| Pretax income | 335,000 | 642,000 | 1,150,000 | 1,657,000 |
| Income tax | 114,000 | 129,000 | 300,000 | 487,000 |
| Net income | 221,000 | 513,000 | 850,000 | 1,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,243,000 | 24,114,000 | 27,335,000 | 27,528,000 |
| Total capital | 26,107,000 | 26,470,000 | 29,991,000 | 30,521,000 |
| Risk-weighted assets | 149,084,000 | 188,639,000 | 212,454,000 | 239,344,000 |