Call reports 2001
BANK OF THE SOUTH — 2001
What BANK OF THE SOUTH reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 52,367,000 | 52,333,000 | 54,795,000 | 53,644,000 |
| Total loans | 6,497,000 | 6,756,000 | 6,459,000 | 7,027,000 |
| Allowance for loan losses | 65,000 | 68,000 | 69,000 | 68,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 37,756,000 | 37,235,000 | 37,732,000 | 38,780,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,010,000 | 42,852,000 | 45,169,000 | 43,882,000 |
| Interest-bearing deposits | 33,024,000 | 32,117,000 | 34,300,000 | 34,477,000 |
| Noninterest-bearing deposits | 9,986,000 | 10,735,000 | 10,869,000 | 9,405,000 |
| Equity capital | 9,141,000 | 9,328,000 | 9,513,000 | 9,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 757,000 | 1,493,000 | 2,254,000 | 2,989,000 |
| Interest expense | 253,000 | 477,000 | 703,000 | 918,000 |
| Net interest income | 504,000 | 1,016,000 | 1,551,000 | 2,071,000 |
| Noninterest income | 107,000 | 229,000 | 338,000 | 433,000 |
| Noninterest expense | 433,000 | 752,000 | 1,095,000 | 1,440,000 |
| Provision for loan losses | 1,000 | 7,000 | 7,000 | 7,000 |
| Pretax income | 177,000 | 486,000 | 787,000 | 1,057,000 |
| Income tax | 69,000 | 191,000 | 307,000 | 380,000 |
| Net income | 108,000 | 295,000 | 480,000 | 677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,141,000 | 9,328,000 | 9,513,000 | 9,710,000 |
| Total capital | 9,206,000 | 9,396,000 | 9,582,000 | 9,778,000 |
| Risk-weighted assets | 8,143,000 | 11,293,000 | 9,544,000 | 9,677,000 |