Call reports 2005
BANK OF THE SOUTH — 2005
What BANK OF THE SOUTH reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 73,463,000 | 79,816,000 | 77,457,000 | 72,326,000 |
| Total loans | 8,799,000 | 8,821,000 | 8,798,000 | 9,035,000 |
| Allowance for loan losses | 100,000 | 103,000 | 106,000 | 108,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 53,851,000 | 55,765,000 | 58,667,000 | 58,549,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,392,000 | 67,449,000 | 64,803,000 | 59,466,000 |
| Interest-bearing deposits | 42,690,000 | 50,705,000 | 47,887,000 | 46,013,000 |
| Noninterest-bearing deposits | 18,702,000 | 16,744,000 | 16,916,000 | 13,453,000 |
| Equity capital | 11,861,000 | 12,132,000 | 12,472,000 | 12,706,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 688,000 | 1,419,000 | 2,181,000 | 2,933,000 |
| Interest expense | 62,000 | 152,000 | 261,000 | 374,000 |
| Net interest income | 626,000 | 1,267,000 | 1,920,000 | 2,559,000 |
| Noninterest income | 71,000 | 172,000 | 243,000 | 336,000 |
| Noninterest expense | 518,000 | 862,000 | 1,228,000 | 1,575,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 176,000 | 571,000 | 926,000 | 1,308,000 |
| Income tax | 88,000 | 212,000 | 346,000 | 494,000 |
| Net income | 88,000 | 359,000 | 580,000 | 814,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,861,000 | 12,132,000 | 12,472,000 | 12,706,000 |
| Total capital | 11,961,000 | 12,235,000 | 12,578,000 | 12,814,000 |
| Risk-weighted assets | 13,054,000 | 13,868,000 | 13,163,000 | 12,398,000 |