Call reports 2018
PRIMESOUTH BANK — 2018
What PRIMESOUTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 561,288,000 | 549,142,000 | 557,799,000 | 574,790,000 |
| Total loans | 384,360,000 | 413,729,000 | 438,558,000 | 457,749,000 |
| Allowance for loan losses | 6,968,000 | 7,562,000 | 7,565,000 | 7,372,000 |
| Securities available for sale | 88,196,000 | 83,410,000 | 73,170,000 | 72,370,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 493,981,000 | 480,810,000 | 485,109,000 | 499,699,000 |
| Interest-bearing deposits | 355,177,000 | 348,473,000 | 264,605,000 | 366,636,000 |
| Noninterest-bearing deposits | 138,804,000 | 132,337,000 | 220,504,000 | 133,063,000 |
| Equity capital | 64,946,000 | 66,201,000 | 67,443,000 | 69,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 6,048,000 | 12,710,000 | 19,642,000 | 26,964,000 |
| Interest expense | 476,000 | 995,000 | 1,597,000 | 2,454,000 |
| Net interest income | 5,572,000 | 11,715,000 | 18,045,000 | 24,510,000 |
| Noninterest income | 846,000 | 2,336,000 | 3,406,000 | 4,488,000 |
| Noninterest expense | 4,255,000 | 8,632,000 | 13,114,000 | 17,861,000 |
| Provision for loan losses | 0 | 755,000 | 875,000 | 1,005,000 |
| Pretax income | 2,163,000 | 4,657,000 | 7,454,000 | 10,124,000 |
| Income tax | 552,000 | 1,174,000 | 1,879,000 | 2,316,000 |
| Net income | 1,611,000 | 3,483,000 | 5,575,000 | 7,808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,345,000 | 59,048,000 | 60,971,000 | 62,637,000 |
| Total capital | 62,243,000 | 64,123,000 | 66,263,000 | 68,122,000 |
| Risk-weighted assets | 389,715,000 | 403,432,000 | 421,041,000 | 436,796,000 |