Call reports 2007
BANK OF THE SOUTH — 2007
What BANK OF THE SOUTH 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 | 60,403,000 | 58,888,000 | 61,193,000 | 56,872,000 |
| Total loans | 8,826,000 | 8,893,000 | 7,725,000 | 7,724,000 |
| Allowance for loan losses | 110,000 | 107,000 | 105,000 | 104,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 48,241,000 | 45,212,000 | 43,188,000 | 39,668,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,857,000 | 45,379,000 | 47,554,000 | 43,147,000 |
| Interest-bearing deposits | 34,361,000 | 32,368,000 | 34,718,000 | 30,482,000 |
| Noninterest-bearing deposits | 12,496,000 | 13,011,000 | 12,836,000 | 12,665,000 |
| Equity capital | 13,263,000 | 13,407,000 | 13,526,000 | 13,642,000 |
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 | 596,000 | 1,192,000 | 1,774,000 | 2,348,000 |
| Interest expense | 124,000 | 238,000 | 344,000 | 444,000 |
| Net interest income | 472,000 | 954,000 | 1,430,000 | 1,904,000 |
| Noninterest income | 74,000 | 162,000 | 244,000 | 323,000 |
| Noninterest expense | 605,000 | 976,000 | 1,350,000 | 1,715,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -59,000 | 140,000 | 324,000 | 512,000 |
| Income tax | 0 | 55,000 | 120,000 | 192,000 |
| Net income | -59,000 | 85,000 | 204,000 | 320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,263,000 | 13,407,000 | 13,526,000 | 13,642,000 |
| Total capital | 13,373,000 | 13,514,000 | 13,631,000 | 13,746,000 |
| Risk-weighted assets | 11,541,000 | 11,867,000 | 11,849,000 | 11,221,000 |