Call reports 2014
BANK OF THE SOUTH — 2014
What BANK OF THE SOUTH reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 70,576,000 | 75,757,000 | 71,351,000 | 70,504,000 |
| Total loans | 14,850,000 | 16,013,000 | 15,654,000 | 16,255,000 |
| Allowance for loan losses | 192,000 | 198,000 | 204,000 | 204,000 |
| Securities available for sale | 23,871,000 | 25,409,000 | 30,157,000 | 30,215,000 |
| Securities held to maturity | 21,902,000 | 20,339,000 | 17,274,000 | 17,220,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,283,000 | 61,403,000 | 57,048,000 | 56,186,000 |
| Interest-bearing deposits | 40,891,000 | 41,491,000 | 40,612,000 | 39,373,000 |
| Noninterest-bearing deposits | 15,392,000 | 19,912,000 | 16,436,000 | 16,813,000 |
| Equity capital | 14,285,000 | 14,342,000 | 14,286,000 | 14,310,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 365,000 | 744,000 | 1,129,000 | 1,504,000 |
| Interest expense | 18,000 | 34,000 | 50,000 | 67,000 |
| Net interest income | 347,000 | 710,000 | 1,079,000 | 1,437,000 |
| Noninterest income | 55,000 | 129,000 | 194,000 | 249,000 |
| Noninterest expense | 450,000 | 900,000 | 1,388,000 | 1,827,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 18,000 |
| Pretax income | -51,000 | -73,000 | -115,000 | -141,000 |
| Income tax | -18,000 | -31,000 | -43,000 | -52,000 |
| Net income | -33,000 | -42,000 | -72,000 | -89,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,546,000 | 14,538,000 | 14,507,000 | 14,491,000 |
| Total capital | 14,738,000 | 14,736,000 | 14,711,000 | 14,695,000 |
| Risk-weighted assets | 18,316,000 | 19,389,000 | 18,402,000 | 18,387,000 |