Call reports 2016
PRIMESOUTH BANK — 2016
What PRIMESOUTH BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 362,464,000 | 361,029,000 | 360,384,000 | 370,568,000 |
| Total loans | 234,412,000 | 245,606,000 | 247,351,000 | 248,333,000 |
| Allowance for loan losses | 7,631,000 | 7,378,000 | 7,228,000 | 7,149,000 |
| Securities available for sale | 60,830,000 | 62,568,000 | 54,120,000 | 57,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,780,000 | 320,789,000 | 317,053,000 | 327,933,000 |
| Interest-bearing deposits | 252,559,000 | 246,274,000 | 243,666,000 | 260,803,000 |
| Noninterest-bearing deposits | 72,221,000 | 74,515,000 | 73,387,000 | 67,130,000 |
| Equity capital | 36,625,000 | 38,893,000 | 41,763,000 | 41,427,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,825,000 | 7,700,000 | 11,599,000 | 15,511,000 |
| Interest expense | 318,000 | 626,000 | 933,000 | 1,240,000 |
| Net interest income | 3,507,000 | 7,074,000 | 10,666,000 | 14,271,000 |
| Noninterest income | 868,000 | 1,600,000 | 2,955,000 | 3,628,000 |
| Noninterest expense | 2,531,000 | 5,163,000 | 8,061,000 | 10,948,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,844,000 | 3,543,000 | 5,606,000 | 7,000,000 |
| Income tax | 0 | 0 | -1,501,000 | -1,501,000 |
| Net income | 1,844,000 | 3,543,000 | 7,107,000 | 8,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,172,000 | 35,581,000 | 36,564,000 | 38,097,000 |
| Total capital | 37,103,000 | 38,645,000 | 39,645,000 | 41,296,000 |
| Risk-weighted assets | 228,872,000 | 239,832,000 | 240,573,000 | 250,268,000 |