Call reports 2011
BANK OF THE SOUTH — 2011
What BANK OF THE SOUTH reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 65,631,000 | 67,259,000 | 65,991,000 | 67,153,000 |
| Total loans | 12,806,000 | 12,382,000 | 12,078,000 | 11,593,000 |
| Allowance for loan losses | 120,000 | 126,000 | 132,000 | 136,000 |
| Securities available for sale | 0 | 0 | 0 | 2,009,000 |
| Securities held to maturity | 40,192,000 | 43,299,000 | 43,191,000 | 41,090,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,165,000 | 52,757,000 | 51,461,000 | 52,577,000 |
| Interest-bearing deposits | 36,429,000 | 36,642,000 | 36,266,000 | 36,844,000 |
| Noninterest-bearing deposits | 14,736,000 | 16,115,000 | 15,195,000 | 15,733,000 |
| Equity capital | 14,454,000 | 14,459,000 | 14,501,000 | 14,553,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 433,000 | 847,000 | 1,262,000 | 1,660,000 |
| Interest expense | 29,000 | 56,000 | 82,000 | 105,000 |
| Net interest income | 404,000 | 791,000 | 1,180,000 | 1,555,000 |
| Noninterest income | 73,000 | 159,000 | 235,000 | 312,000 |
| Noninterest expense | 466,000 | 923,000 | 1,308,000 | 1,689,000 |
| Provision for loan losses | 6,000 | 12,000 | 19,000 | 23,000 |
| Pretax income | 5,000 | 15,000 | 88,000 | 155,000 |
| Income tax | -5,000 | 0 | 31,000 | 56,000 |
| Net income | 10,000 | 15,000 | 57,000 | 99,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,454,000 | 14,459,000 | 14,501,000 | 14,553,000 |
| Total capital | 14,574,000 | 14,585,000 | 14,633,000 | 14,689,000 |
| Risk-weighted assets | 16,259,000 | 15,549,000 | 15,047,000 | 14,342,000 |