Call reports 2010
PRIMESOUTH BANK — 2010
What PRIMESOUTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 432,687,000 | 430,061,000 | 416,525,000 | 421,599,000 |
| Total loans | 346,610,000 | 342,026,000 | 331,548,000 | 320,402,000 |
| Allowance for loan losses | 7,938,000 | 5,433,000 | 7,442,000 | 6,744,000 |
| Securities available for sale | 35,466,000 | 35,222,000 | 35,635,000 | 36,475,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 377,494,000 | 374,866,000 | 367,793,000 | 374,243,000 |
| Interest-bearing deposits | 341,503,000 | 336,646,000 | 301,666,000 | 327,785,000 |
| Noninterest-bearing deposits | 35,991,000 | 38,220,000 | 66,127,000 | 46,458,000 |
| Equity capital | 36,431,000 | 36,459,000 | 29,956,000 | 29,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 5,546,000 | 11,220,000 | 16,905,000 | 22,478,000 |
| Interest expense | 2,026,000 | 3,923,000 | 5,695,000 | 7,258,000 |
| Net interest income | 3,520,000 | 7,297,000 | 11,210,000 | 15,220,000 |
| Noninterest income | 366,000 | 372,000 | -299,000 | -82,000 |
| Noninterest expense | 2,363,000 | 4,927,000 | 7,392,000 | 9,802,000 |
| Provision for loan losses | 805,000 | 2,270,000 | 13,273,000 | 15,163,000 |
| Pretax income | 659,000 | 412,000 | -9,727,000 | -9,908,000 |
| Income tax | 173,000 | 143,000 | -3,397,000 | -3,099,000 |
| Net income | 486,000 | 269,000 | -6,330,000 | -6,809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,782,000 | 36,565,000 | 25,852,000 | 25,372,000 |
| Total capital | 40,907,000 | 40,712,000 | 29,790,000 | 29,103,000 |
| Risk-weighted assets | 326,150,000 | 330,484,000 | 311,518,000 | 295,465,000 |
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