Call reports 2014
PRIMESOUTH BANK — 2014
What PRIMESOUTH BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 339,865,000 | 332,532,000 | 331,359,000 | 326,172,000 |
| Total loans | 209,232,000 | 215,444,000 | 218,680,000 | 220,186,000 |
| Allowance for loan losses | 9,958,000 | 9,395,000 | 8,999,000 | 9,092,000 |
| Securities available for sale | 47,697,000 | 51,035,000 | 51,740,000 | 53,827,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 316,259,000 | 306,820,000 | 301,492,000 | 293,768,000 |
| Interest-bearing deposits | 253,295,000 | 245,604,000 | 240,024,000 | 232,846,000 |
| Noninterest-bearing deposits | 62,964,000 | 61,216,000 | 61,468,000 | 60,922,000 |
| Equity capital | 22,623,000 | 24,559,000 | 26,602,000 | 29,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,630,000 | 7,331,000 | 11,037,000 | 14,691,000 |
| Interest expense | 390,000 | 765,000 | 1,123,000 | 1,469,000 |
| Net interest income | 3,240,000 | 6,566,000 | 9,914,000 | 13,222,000 |
| Noninterest income | 618,000 | 1,208,000 | 2,264,000 | 3,628,000 |
| Noninterest expense | 2,647,000 | 5,161,000 | 7,677,000 | 10,513,000 |
| Provision for loan losses | 138,000 | 138,000 | 143,000 | 243,000 |
| Pretax income | 1,073,000 | 2,475,000 | 4,383,000 | 6,156,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,073,000 | 2,475,000 | 4,383,000 | 6,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,048,000 | 23,606,000 | 25,669,000 | 27,917,000 |
| Total capital | 24,496,000 | 26,124,000 | 28,307,000 | 30,560,000 |
| Risk-weighted assets | 188,274,000 | 194,547,000 | 204,627,000 | 204,964,000 |