Call reports 2021
BANK OF THE SOUTH — 2021
What BANK OF THE SOUTH reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 82,705,000 | 90,981,000 | 92,098,000 | 91,731,000 |
| Total loans | 29,739,000 | 27,030,000 | 23,841,000 | 20,629,000 |
| Allowance for loan losses | 287,000 | 287,000 | 247,000 | 247,000 |
| Securities available for sale | 12,185,000 | 12,135,000 | 11,085,000 | 8,538,000 |
| Securities held to maturity | 25,356,000 | 33,250,000 | 39,095,000 | 45,892,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,893,000 | 76,200,000 | 77,459,000 | 77,164,000 |
| Interest-bearing deposits | 46,935,000 | 48,927,000 | 51,497,000 | 54,076,000 |
| Noninterest-bearing deposits | 20,958,000 | 27,273,000 | 25,962,000 | 23,088,000 |
| Equity capital | 14,756,000 | 14,737,000 | 14,608,000 | 14,565,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 471,000 | 941,000 | 1,426,000 | 1,880,000 |
| Interest expense | 15,000 | 28,000 | 41,000 | 54,000 |
| Net interest income | 456,000 | 913,000 | 1,385,000 | 1,826,000 |
| Noninterest income | 66,000 | 137,000 | 202,000 | 267,000 |
| Noninterest expense | 468,000 | 969,000 | 1,508,000 | 2,020,000 |
| Provision for loan losses | 6,000 | 6,000 | -34,000 | -34,000 |
| Pretax income | 48,000 | 75,000 | 113,000 | 107,000 |
| Income tax | 11,000 | 18,000 | 27,000 | 27,000 |
| Net income | 37,000 | 57,000 | 86,000 | 80,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,901,000 | 14,631,000 | 14,541,000 | 14,535,000 |