Call reports 2003
PRIMESOUTH BANK — 2003
What PRIMESOUTH BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 186,603,000 | 190,263,000 | 195,007,000 | 200,938,000 |
| Total loans | 143,284,000 | 150,957,000 | 156,991,000 | 164,464,000 |
| Allowance for loan losses | 1,995,000 | 2,267,000 | 2,429,000 | 2,827,000 |
| Securities available for sale | 14,552,000 | 15,447,000 | 14,239,000 | 14,077,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,085,000 | 172,498,000 | 176,699,000 | 180,834,000 |
| Interest-bearing deposits | 149,344,000 | 151,226,000 | 150,662,000 | 158,159,000 |
| Noninterest-bearing deposits | 20,741,000 | 21,272,000 | 26,037,000 | 22,675,000 |
| Equity capital | 12,138,000 | 13,637,000 | 14,047,000 | 16,066,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,661,000 | 5,487,000 | 8,363,000 | 11,289,000 |
| Interest expense | 976,000 | 1,892,000 | 2,756,000 | 3,559,000 |
| Net interest income | 1,685,000 | 3,595,000 | 5,607,000 | 7,730,000 |
| Noninterest income | 275,000 | 499,000 | 725,000 | 998,000 |
| Noninterest expense | 1,160,000 | 2,290,000 | 3,477,000 | 4,820,000 |
| Provision for loan losses | 270,000 | 540,000 | 810,000 | 1,080,000 |
| Pretax income | 521,000 | 1,264,000 | 2,045,000 | 2,828,000 |
| Income tax | 211,000 | 508,000 | 821,000 | 1,072,000 |
| Net income | 310,000 | 756,000 | 1,224,000 | 1,756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,012,000 | 13,458,000 | 13,926,000 | 15,963,000 |
| Total capital | 13,702,000 | 15,252,000 | 15,781,000 | 17,895,000 |
| Risk-weighted assets | 134,908,000 | 143,028,000 | 147,825,000 | 153,669,000 |