Call reports 2007
PRIMESOUTH BANK — 2007
What PRIMESOUTH BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 342,948,000 | 348,894,000 | 342,310,000 | 357,065,000 |
| Total loans | 270,898,000 | 274,445,000 | 279,399,000 | 285,742,000 |
| Allowance for loan losses | 6,536,000 | 7,074,000 | 7,595,000 | 5,003,000 |
| Securities available for sale | 34,946,000 | 37,763,000 | 39,016,000 | 39,799,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 304,386,000 | 310,246,000 | 302,320,000 | 317,383,000 |
| Interest-bearing deposits | 265,290,000 | 272,602,000 | 264,794,000 | 277,900,000 |
| Noninterest-bearing deposits | 39,096,000 | 37,644,000 | 37,526,000 | 39,483,000 |
| Equity capital | 28,012,000 | 28,694,000 | 30,300,000 | 29,841,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,905,000 | 13,897,000 | 20,991,000 | 27,835,000 |
| Interest expense | 3,178,000 | 6,488,000 | 9,854,000 | 13,188,000 |
| Net interest income | 3,727,000 | 7,409,000 | 11,137,000 | 14,647,000 |
| Noninterest income | 419,000 | 866,000 | 1,273,000 | 1,748,000 |
| Noninterest expense | 1,636,000 | 3,460,000 | 5,134,000 | 7,080,000 |
| Provision for loan losses | 450,000 | 975,000 | 1,500,000 | 3,613,000 |
| Pretax income | 2,071,000 | 3,852,000 | 5,788,000 | 5,715,000 |
| Income tax | 781,000 | 1,461,000 | 2,197,000 | 1,784,000 |
| Net income | 1,290,000 | 2,391,000 | 3,591,000 | 3,931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,083,000 | 29,185,000 | 30,385,000 | 29,725,000 |
| Total capital | 31,495,000 | 32,600,000 | 33,885,000 | 33,300,000 |
| Risk-weighted assets | 269,863,000 | 269,521,000 | 275,876,000 | 284,532,000 |