Call reports 2001
PRIMESOUTH BANK — 2001
What PRIMESOUTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 105,903,000 | 111,350,000 | 114,610,000 | 128,540,000 |
| Total loans | 82,133,000 | 87,153,000 | 90,059,000 | 99,438,000 |
| Allowance for loan losses | 1,376,000 | 1,342,000 | 1,428,000 | 1,469,000 |
| Securities available for sale | 10,007,000 | 10,520,000 | 10,696,000 | 13,970,000 |
| Securities held to maturity | 1,751,000 | 1,751,000 | 1,751,000 | 1,751,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,836,000 | 99,108,000 | 101,927,000 | 107,065,000 |
| Interest-bearing deposits | 81,616,000 | 87,310,000 | 89,426,000 | 92,688,000 |
| Noninterest-bearing deposits | 12,220,000 | 11,798,000 | 12,501,000 | 14,377,000 |
| Equity capital | 7,288,000 | 7,545,000 | 7,902,000 | 9,007,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,322,000 | 4,657,000 | 6,965,000 | 9,257,000 |
| Interest expense | 1,275,000 | 2,487,000 | 3,671,000 | 4,696,000 |
| Net interest income | 1,047,000 | 2,170,000 | 3,294,000 | 4,561,000 |
| Noninterest income | 180,000 | 336,000 | 496,000 | 673,000 |
| Noninterest expense | 784,000 | 1,536,000 | 2,288,000 | 3,082,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 353,000 | 790,000 | 1,232,000 | 1,792,000 |
| Income tax | 119,000 | 265,000 | 416,000 | 508,000 |
| Net income | 234,000 | 525,000 | 816,000 | 1,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,217,000 | 7,507,000 | 7,798,000 | 8,966,000 |
| Total capital | 8,186,000 | 8,495,000 | 8,834,000 | 10,145,000 |
| Risk-weighted assets | 77,126,000 | 78,720,000 | 82,499,000 | 94,020,000 |