Call reports 2006
PRIMESOUTH BANK — 2006
What PRIMESOUTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 318,194,000 | 323,140,000 | 333,530,000 | 339,966,000 |
| Total loans | 251,889,000 | 262,275,000 | 272,653,000 | 277,043,000 |
| Allowance for loan losses | 5,690,000 | 6,132,000 | 6,579,000 | 6,089,000 |
| Securities available for sale | 30,613,000 | 31,855,000 | 34,105,000 | 34,774,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 281,374,000 | 288,274,000 | 297,131,000 | 303,385,000 |
| Interest-bearing deposits | 243,453,000 | 246,609,000 | 259,461,000 | 261,746,000 |
| Noninterest-bearing deposits | 37,921,000 | 41,665,000 | 37,670,000 | 41,639,000 |
| Equity capital | 24,133,000 | 25,271,000 | 26,803,000 | 26,601,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,885,000 | 12,355,000 | 19,108,000 | 26,180,000 |
| Interest expense | 2,303,000 | 4,939,000 | 7,907,000 | 11,061,000 |
| Net interest income | 3,582,000 | 7,416,000 | 11,201,000 | 15,119,000 |
| Noninterest income | 397,000 | 820,000 | 1,215,000 | 1,635,000 |
| Noninterest expense | 1,488,000 | 3,070,000 | 4,546,000 | 6,204,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,350,000 | 1,800,000 |
| Pretax income | 2,044,000 | 4,269,000 | 6,523,000 | 8,756,000 |
| Income tax | 815,000 | 1,709,000 | 2,627,000 | 3,180,000 |
| Net income | 1,229,000 | 2,560,000 | 3,896,000 | 5,576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,447,000 | 25,778,000 | 27,114,000 | 26,794,000 |
| Total capital | 27,613,000 | 29,009,000 | 30,487,000 | 30,230,000 |
| Risk-weighted assets | 250,737,000 | 255,617,000 | 266,637,000 | 272,236,000 |