Call reports 2002
PRIMESOUTH BANK — 2002
What PRIMESOUTH BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 136,701,000 | 154,209,000 | 166,626,000 | 167,475,000 |
| Total loans | 107,649,000 | 118,746,000 | 127,805,000 | 133,605,000 |
| Allowance for loan losses | 1,576,000 | 1,666,000 | 1,728,000 | 1,701,000 |
| Securities available for sale | 14,526,000 | 14,424,000 | 15,903,000 | 16,393,000 |
| Securities held to maturity | 1,668,000 | 1,570,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,882,000 | 132,141,000 | 144,173,000 | 152,793,000 |
| Interest-bearing deposits | 100,575,000 | 116,485,000 | 124,746,000 | 134,042,000 |
| Noninterest-bearing deposits | 14,307,000 | 15,656,000 | 19,427,000 | 18,751,000 |
| Equity capital | 9,220,000 | 9,846,000 | 10,077,000 | 10,526,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,291,000 | 4,786,000 | 7,430,000 | 10,132,000 |
| Interest expense | 910,000 | 1,813,000 | 2,784,000 | 3,765,000 |
| Net interest income | 1,381,000 | 2,973,000 | 4,646,000 | 6,367,000 |
| Noninterest income | 196,000 | 439,000 | 692,000 | 958,000 |
| Noninterest expense | 914,000 | 1,841,000 | 2,823,000 | 3,847,000 |
| Provision for loan losses | 110,000 | 260,000 | 410,000 | 660,000 |
| Pretax income | 553,000 | 1,311,000 | 2,082,000 | 2,795,000 |
| Income tax | 199,000 | 515,000 | 832,000 | 1,059,000 |
| Net income | 354,000 | 796,000 | 1,250,000 | 1,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,320,000 | 9,762,000 | 9,916,000 | 10,402,000 |
| Total capital | 10,587,000 | 11,154,000 | 11,403,000 | 11,954,000 |
| Risk-weighted assets | 101,043,000 | 111,092,000 | 118,682,000 | 123,976,000 |
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