Call reports 2007
COMMUNITYSOUTH BANK AND TRUST — 2007
What COMMUNITYSOUTH BANK AND TRUST reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 284,365,000 | 319,717,000 | 346,765,000 | 377,850,000 |
| Total loans | 244,392,000 | 263,888,000 | 289,678,000 | 302,934,000 |
| Allowance for loan losses | 3,438,000 | 3,712,000 | 4,074,000 | 4,214,000 |
| Securities available for sale | 0 | 0 | 24,757,000 | 24,744,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,690,000 | 288,591,000 | 313,700,000 | 327,758,000 |
| Interest-bearing deposits | 236,851,000 | 267,020,000 | 290,756,000 | 303,199,000 |
| Noninterest-bearing deposits | 16,839,000 | 21,570,000 | 22,944,000 | 24,559,000 |
| Equity capital | 28,823,000 | 29,299,000 | 29,917,000 | 31,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,915,000 | 10,506,000 | 16,659,000 | 23,305,000 |
| Interest expense | 2,765,000 | 5,881,000 | 9,294,000 | 13,069,000 |
| Net interest income | 2,150,000 | 4,625,000 | 7,365,000 | 10,236,000 |
| Noninterest income | 346,000 | 744,000 | 1,149,000 | 1,486,000 |
| Noninterest expense | 1,780,000 | 3,651,000 | 5,787,000 | 8,129,000 |
| Provision for loan losses | 362,000 | 632,000 | 994,000 | 1,188,000 |
| Pretax income | 354,000 | 1,086,000 | 1,733,000 | 2,405,000 |
| Income tax | 135,000 | 392,000 | 563,000 | 782,000 |
| Net income | 219,000 | 694,000 | 1,170,000 | 1,623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,880,000 | 28,634,000 | 28,836,000 | 30,102,000 |
| Total capital | 31,262,000 | 32,289,000 | 32,825,000 | 34,316,000 |
| Risk-weighted assets | 270,515,000 | 292,364,000 | 321,932,000 | 337,586,000 |