Call reports 2010
BANK OF THE SOUTH — 2010
What BANK OF THE SOUTH reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 62,685,000 | 62,744,000 | 66,090,000 | 64,176,000 |
| Total loans | 14,175,000 | 14,560,000 | 13,877,000 | 13,545,000 |
| Allowance for loan losses | 96,000 | 102,000 | 108,000 | 114,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 42,570,000 | 40,638,000 | 39,611,000 | 40,671,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,667,000 | 48,362,000 | 51,644,000 | 49,675,000 |
| Interest-bearing deposits | 32,874,000 | 33,696,000 | 36,666,000 | 35,166,000 |
| Noninterest-bearing deposits | 14,793,000 | 14,666,000 | 14,978,000 | 14,509,000 |
| Equity capital | 14,261,000 | 14,318,000 | 14,376,000 | 14,444,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 490,000 | 978,000 | 1,449,000 | 1,904,000 |
| Interest expense | 36,000 | 70,000 | 104,000 | 136,000 |
| Net interest income | 454,000 | 908,000 | 1,345,000 | 1,768,000 |
| Noninterest income | 75,000 | 162,000 | 240,000 | 319,000 |
| Noninterest expense | 477,000 | 926,000 | 1,331,000 | 1,716,000 |
| Provision for loan losses | 2,000 | 12,000 | 20,000 | 26,000 |
| Pretax income | 50,000 | 132,000 | 234,000 | 345,000 |
| Income tax | 17,000 | 42,000 | 86,000 | 129,000 |
| Net income | 33,000 | 90,000 | 148,000 | 216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,261,000 | 14,318,000 | 14,376,000 | 14,444,000 |
| Total capital | 14,357,000 | 14,420,000 | 14,484,000 | 14,558,000 |
| Risk-weighted assets | 17,388,000 | 17,898,000 | 18,881,000 | 16,441,000 |