Call reports 2005
PRIMESOUTH BANK — 2005
What PRIMESOUTH BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 264,409,000 | 271,477,000 | 293,186,000 | 308,882,000 |
| Total loans | 216,300,000 | 227,220,000 | 240,395,000 | 246,626,000 |
| Allowance for loan losses | 3,757,000 | 4,213,000 | 4,626,000 | 5,234,000 |
| Securities available for sale | 27,440,000 | 27,410,000 | 28,446,000 | 28,934,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,470,000 | 240,706,000 | 258,484,000 | 273,942,000 |
| Interest-bearing deposits | 205,807,000 | 209,426,000 | 227,125,000 | 232,603,000 |
| Noninterest-bearing deposits | 28,663,000 | 31,280,000 | 31,359,000 | 41,339,000 |
| Equity capital | 20,727,000 | 21,816,000 | 22,875,000 | 22,990,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,098,000 | 8,636,000 | 13,761,000 | 19,296,000 |
| Interest expense | 1,180,000 | 2,592,000 | 4,367,000 | 6,420,000 |
| Net interest income | 2,918,000 | 6,044,000 | 9,394,000 | 12,876,000 |
| Noninterest income | 342,000 | 703,000 | 1,112,000 | 1,532,000 |
| Noninterest expense | 1,358,000 | 2,746,000 | 4,236,000 | 5,713,000 |
| Provision for loan losses | 350,000 | 797,000 | 1,247,000 | 1,697,000 |
| Pretax income | 1,552,000 | 3,204,000 | 5,023,000 | 6,998,000 |
| Income tax | 616,000 | 1,297,000 | 2,029,000 | 2,648,000 |
| Net income | 936,000 | 1,907,000 | 2,994,000 | 4,350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,805,000 | 21,775,000 | 22,875,000 | 23,218,000 |
| Total capital | 23,430,000 | 24,440,000 | 25,817,000 | 26,291,000 |
| Risk-weighted assets | 208,902,000 | 211,647,000 | 233,648,000 | 243,656,000 |