Call reports 2013
BANK OF THE SOUTH — 2013
What BANK OF THE SOUTH reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 70,853,000 | 70,913,000 | 70,278,000 | 69,542,000 |
| Total loans | 14,883,000 | 14,642,000 | 14,720,000 | 15,021,000 |
| Allowance for loan losses | 167,000 | 174,000 | 180,000 | 186,000 |
| Securities available for sale | 13,336,000 | 19,435,000 | 19,583,000 | 20,878,000 |
| Securities held to maturity | 30,157,000 | 29,091,000 | 28,028,000 | 23,966,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,148,000 | 56,617,000 | 55,868,000 | 55,281,000 |
| Interest-bearing deposits | 41,168,000 | 39,503,000 | 40,430,000 | 41,383,000 |
| Noninterest-bearing deposits | 14,980,000 | 17,114,000 | 15,438,000 | 13,898,000 |
| Equity capital | 14,672,000 | 14,291,000 | 14,384,000 | 14,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 384,000 | 759,000 | 1,136,000 | 1,514,000 |
| Interest expense | 17,000 | 37,000 | 55,000 | 72,000 |
| Net interest income | 367,000 | 722,000 | 1,081,000 | 1,442,000 |
| Noninterest income | 72,000 | 152,000 | 229,000 | 253,000 |
| Noninterest expense | 437,000 | 884,000 | 1,336,000 | 1,766,000 |
| Provision for loan losses | 6,000 | 12,000 | 19,000 | 25,000 |
| Pretax income | -4,000 | -22,000 | -45,000 | -96,000 |
| Income tax | -5,000 | -6,000 | -16,000 | -40,000 |
| Net income | 1,000 | -16,000 | -29,000 | -56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,636,000 | 14,620,000 | 14,607,000 | 14,579,000 |
| Total capital | 14,803,000 | 14,794,000 | 14,787,000 | 14,765,000 |
| Risk-weighted assets | 18,937,000 | 18,479,000 | 18,199,000 | 18,735,000 |