Call reports 2004
PRIMESOUTH BANK — 2004
What PRIMESOUTH BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 225,084,000 | 224,742,000 | 251,882,000 | 250,682,000 |
| Total loans | 169,383,000 | 179,740,000 | 200,910,000 | 202,030,000 |
| Allowance for loan losses | 3,102,000 | 3,344,000 | 3,623,000 | 3,778,000 |
| Securities available for sale | 20,157,000 | 24,998,000 | 26,298,000 | 32,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,927,000 | 200,315,000 | 225,923,000 | 223,723,000 |
| Interest-bearing deposits | 178,471,000 | 173,707,000 | 198,498,000 | 191,803,000 |
| Noninterest-bearing deposits | 25,456,000 | 26,608,000 | 27,425,000 | 31,920,000 |
| Equity capital | 16,758,000 | 17,757,000 | 19,018,000 | 19,983,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,027,000 | 6,283,000 | 9,886,000 | 13,693,000 |
| Interest expense | 802,000 | 1,637,000 | 2,607,000 | 3,664,000 |
| Net interest income | 2,225,000 | 4,646,000 | 7,279,000 | 10,029,000 |
| Noninterest income | 285,000 | 607,000 | 958,000 | 1,350,000 |
| Noninterest expense | 1,302,000 | 2,428,000 | 3,785,000 | 5,167,000 |
| Provision for loan losses | 270,000 | 540,000 | 840,000 | 1,140,000 |
| Pretax income | 933,000 | 2,280,000 | 3,611,000 | 5,071,000 |
| Income tax | 373,000 | 912,000 | 1,443,000 | 1,901,000 |
| Net income | 560,000 | 1,368,000 | 2,168,000 | 3,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,523,000 | 18,065,000 | 18,866,000 | 19,868,000 |
| Total capital | 18,579,000 | 20,242,000 | 21,330,000 | 22,362,000 |
| Risk-weighted assets | 163,461,000 | 172,974,000 | 195,998,000 | 198,220,000 |