Call reports 2006
BANK OF THE SOUTH — 2006
What BANK OF THE SOUTH 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 | 74,319,000 | 71,362,000 | 67,847,000 | 61,561,000 |
| Total loans | 9,239,000 | 8,810,000 | 8,974,000 | 8,757,000 |
| Allowance for loan losses | 110,000 | 112,000 | 112,000 | 112,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 57,172,000 | 56,089,000 | 54,030,000 | 49,783,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,399,000 | 58,274,000 | 53,530,000 | 47,013,000 |
| Interest-bearing deposits | 44,686,000 | 43,223,000 | 39,277,000 | 35,527,000 |
| Noninterest-bearing deposits | 16,713,000 | 15,051,000 | 14,253,000 | 11,486,000 |
| Equity capital | 12,783,000 | 12,978,000 | 13,181,000 | 13,322,000 |
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 | 721,000 | 1,429,000 | 2,151,000 | 2,786,000 |
| Interest expense | 112,000 | 221,000 | 362,000 | 486,000 |
| Net interest income | 609,000 | 1,208,000 | 1,789,000 | 2,300,000 |
| Noninterest income | 90,000 | 185,000 | 270,000 | 359,000 |
| Noninterest expense | 568,000 | 953,000 | 1,291,000 | 1,665,000 |
| Provision for loan losses | 3,000 | 6,000 | 6,000 | 6,000 |
| Pretax income | 128,000 | 434,000 | 762,000 | 988,000 |
| Income tax | 51,000 | 162,000 | 287,000 | 372,000 |
| Net income | 77,000 | 272,000 | 475,000 | 616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,783,000 | 12,978,000 | 13,181,000 | 13,322,000 |
| Total capital | 12,893,000 | 13,090,000 | 13,293,000 | 13,434,000 |
| Risk-weighted assets | 12,937,000 | 12,124,000 | 11,770,000 | 11,273,000 |