Call reports 2023
PRIMESOUTH BANK — 2023
What PRIMESOUTH BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,168,634,000 | 1,182,015,000 | 1,196,213,000 | 1,215,092,000 |
| Total loans | 915,658,000 | 928,993,000 | 955,957,000 | 971,823,000 |
| Allowance for loan losses | 13,273,000 | 13,496,000 | 13,810,000 | 13,983,000 |
| Securities available for sale | 138,637,000 | 133,934,000 | 126,415,000 | 132,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,020,513,000 | 1,039,584,000 | 1,032,541,000 | 1,076,384,000 |
| Interest-bearing deposits | 718,744,000 | 744,746,000 | 745,961,000 | 807,392,000 |
| Noninterest-bearing deposits | 301,769,000 | 294,838,000 | 286,580,000 | 268,992,000 |
| Equity capital | 102,536,000 | 105,601,000 | 107,018,000 | 116,676,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 15,176,000 | 31,631,000 | 48,886,000 | 66,995,000 |
| Interest expense | 2,867,000 | 7,385,000 | 12,291,000 | 18,023,000 |
| Net interest income | 12,309,000 | 24,246,000 | 36,595,000 | 48,972,000 |
| Noninterest income | 1,599,000 | 3,419,000 | 5,294,000 | 7,111,000 |
| Noninterest expense | 7,202,000 | 14,714,000 | 22,027,000 | 30,131,000 |
| Provision for loan losses | 554,000 | 766,000 | 1,027,000 | 1,240,000 |
| Pretax income | 6,152,000 | 12,185,000 | 18,761,000 | 24,629,000 |
| Income tax | 1,418,000 | 2,827,000 | 4,361,000 | 5,419,000 |
| Net income | 4,734,000 | 9,358,000 | 14,400,000 | 19,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,631,000 | 114,487,000 | 119,761,000 | 124,202,000 |
| Total capital | 120,763,000 | 125,770,000 | 131,242,000 | 135,838,000 |
| Risk-weighted assets | 887,551,000 | 899,607,000 | 915,268,000 | 927,602,000 |
Machine access — free, no API key
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