Call reports 2016
BANK OF THE SOUTH — 2016
What BANK OF THE SOUTH reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 76,343,000 | 78,750,000 | 83,595,000 | 76,720,000 |
| Total loans | 15,467,000 | 13,737,000 | 16,367,000 | 17,118,000 |
| Allowance for loan losses | 195,000 | 195,000 | 195,000 | 190,000 |
| Securities available for sale | 30,677,000 | 30,776,000 | 28,727,000 | 28,399,000 |
| Securities held to maturity | 18,462,000 | 19,454,000 | 19,466,000 | 20,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,766,000 | 64,090,000 | 69,015,000 | 62,429,000 |
| Interest-bearing deposits | 43,508,000 | 45,441,000 | 52,568,000 | 46,534,000 |
| Noninterest-bearing deposits | 18,258,000 | 18,649,000 | 16,447,000 | 15,895,000 |
| Equity capital | 14,558,000 | 14,593,000 | 14,518,000 | 14,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 349,000 | 697,000 | 1,051,000 | 1,427,000 |
| Interest expense | 16,000 | 34,000 | 52,000 | 71,000 |
| Net interest income | 333,000 | 663,000 | 999,000 | 1,356,000 |
| Noninterest income | 67,000 | 137,000 | 205,000 | 278,000 |
| Noninterest expense | 468,000 | 945,000 | 1,413,000 | 1,879,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -68,000 | -145,000 | -209,000 | -144,000 |
| Income tax | -9,000 | -56,000 | -73,000 | -55,000 |
| Net income | -59,000 | -89,000 | -136,000 | -89,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,436,000 | 14,406,000 | 14,359,000 | 14,406,000 |
| Total capital | 14,631,000 | 14,601,000 | 14,554,000 | 14,596,000 |
| Risk-weighted assets | 16,934,000 | 15,828,000 | 18,634,000 | 19,256,000 |