Call reports 2009
BANK OF THE SOUTH — 2009
What BANK OF THE SOUTH reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 64,124,000 | 61,679,000 | 59,716,000 | 64,509,000 |
| Total loans | 11,810,000 | 11,576,000 | 11,646,000 | 11,502,000 |
| Allowance for loan losses | 95,000 | 95,000 | 95,000 | 95,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 41,479,000 | 45,266,000 | 42,196,000 | 42,810,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,018,000 | 47,506,000 | 45,111,000 | 50,224,000 |
| Interest-bearing deposits | 37,559,000 | 34,203,000 | 32,110,000 | 37,443,000 |
| Noninterest-bearing deposits | 12,459,000 | 13,303,000 | 13,001,000 | 12,781,000 |
| Equity capital | 14,009,000 | 14,083,000 | 14,142,000 | 14,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 532,000 | 1,054,000 | 1,566,000 | 2,069,000 |
| Interest expense | 66,000 | 123,000 | 167,000 | 205,000 |
| Net interest income | 466,000 | 931,000 | 1,399,000 | 1,864,000 |
| Noninterest income | 71,000 | 156,000 | 244,000 | 323,000 |
| Noninterest expense | 455,000 | 904,000 | 1,362,000 | 1,750,000 |
| Provision for loan losses | 0 | 1,000 | 3,000 | 3,000 |
| Pretax income | 82,000 | 182,000 | 278,000 | 434,000 |
| Income tax | 42,000 | 68,000 | 106,000 | 175,000 |
| Net income | 40,000 | 114,000 | 172,000 | 259,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,009,000 | 14,083,000 | 14,142,000 | 14,228,000 |
| Total capital | 14,104,000 | 14,178,000 | 14,237,000 | 14,323,000 |
| Risk-weighted assets | 16,029,000 | 14,657,000 | 14,727,000 | 14,995,000 |