Call reports 2019
BANK OF THE SOUTH — 2019
What BANK OF THE SOUTH reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 78,031,000 | 77,459,000 | 79,796,000 | 74,748,000 |
| Total loans | 24,867,000 | 25,486,000 | 25,311,000 | 24,937,000 |
| Allowance for loan losses | 261,000 | 261,000 | 261,000 | 267,000 |
| Securities available for sale | 11,807,000 | 12,026,000 | 12,027,000 | 12,038,000 |
| Securities held to maturity | 25,989,000 | 25,992,000 | 25,995,000 | 25,998,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,767,000 | 63,002,000 | 65,285,000 | 60,239,000 |
| Interest-bearing deposits | 46,096,000 | 42,693,000 | 46,951,000 | 42,198,000 |
| Noninterest-bearing deposits | 17,671,000 | 20,309,000 | 18,334,000 | 18,041,000 |
| Equity capital | 14,240,000 | 14,440,000 | 14,486,000 | 14,499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 496,000 | 1,006,000 | 1,521,000 | 2,012,000 |
| Interest expense | 22,000 | 57,000 | 93,000 | 130,000 |
| Net interest income | 474,000 | 949,000 | 1,428,000 | 1,882,000 |
| Noninterest income | 58,000 | 130,000 | 198,000 | 262,000 |
| Noninterest expense | 488,000 | 985,000 | 1,468,000 | 1,974,000 |
| Provision for loan losses | 0 | 0 | 0 | 6,000 |
| Pretax income | 44,000 | 94,000 | 158,000 | 164,000 |
| Income tax | 11,000 | 23,000 | 39,000 | 39,000 |
| Net income | 33,000 | 71,000 | 119,000 | 125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,368,000 | 14,405,000 | 14,452,000 | 14,459,000 |
| Total capital | 14,629,000 | 14,666,000 | 14,713,000 | 14,726,000 |
| Risk-weighted assets | 24,874,000 | 25,540,000 | 25,221,000 | 25,090,000 |