Call reports 2017
PRIMESOUTH BANK — 2017
What PRIMESOUTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 379,865,000 | 376,955,000 | 574,314,000 | 552,546,000 |
| Total loans | 250,354,000 | 261,792,000 | 369,300,000 | 373,068,000 |
| Allowance for loan losses | 6,939,000 | 7,057,000 | 7,153,000 | 7,245,000 |
| Securities available for sale | 56,985,000 | 61,159,000 | 77,490,000 | 88,346,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 335,488,000 | 330,064,000 | 505,936,000 | 485,512,000 |
| Interest-bearing deposits | 259,918,000 | 253,372,000 | 377,356,000 | 347,245,000 |
| Noninterest-bearing deposits | 75,570,000 | 76,692,000 | 128,580,000 | 138,267,000 |
| Equity capital | 43,036,000 | 45,099,000 | 64,396,000 | 64,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,952,000 | 8,092,000 | 12,830,000 | 18,687,000 |
| Interest expense | 302,000 | 619,000 | 962,000 | 1,411,000 |
| Net interest income | 3,650,000 | 7,473,000 | 11,868,000 | 17,276,000 |
| Noninterest income | 818,000 | 1,976,000 | 2,775,000 | 3,914,000 |
| Noninterest expense | 2,603,000 | 5,473,000 | 8,316,000 | 12,702,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,865,000 | 3,991,000 | 6,342,000 | 8,503,000 |
| Income tax | 611,000 | 1,355,000 | 2,186,000 | 4,066,000 |
| Net income | 1,254,000 | 2,636,000 | 4,156,000 | 4,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,883,000 | 42,123,000 | 54,037,000 | 55,709,000 |
| Total capital | 43,134,000 | 45,461,000 | 58,696,000 | 60,356,000 |
| Risk-weighted assets | 255,627,000 | 262,678,000 | 369,853,000 | 368,999,000 |