Call reports 2001
FIRST BANK OF THE SOUTH — 2001
What FIRST BANK OF THE SOUTH reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 101,315,000 | 108,299,000 | 118,720,000 | 124,217,000 |
| Total loans | 64,302,000 | 72,877,000 | 87,987,000 | 98,777,000 |
| Allowance for loan losses | 655,000 | 735,000 | 876,000 | 1,081,000 |
| Securities available for sale | 3,285,000 | 3,284,000 | 2,290,000 | 2,071,000 |
| Securities held to maturity | 814,000 | 1,813,000 | 1,812,000 | 1,812,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,827,000 | 96,106,000 | 105,953,000 | 111,114,000 |
| Interest-bearing deposits | 72,027,000 | 74,390,000 | 82,830,000 | 87,353,000 |
| Noninterest-bearing deposits | 17,800,000 | 21,716,000 | 23,123,000 | 23,761,000 |
| Equity capital | 10,905,000 | 11,363,000 | 11,929,000 | 12,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,745,000 | 3,658,000 | 5,592,000 | 7,554,000 |
| Interest expense | 771,000 | 1,616,000 | 2,341,000 | 2,987,000 |
| Net interest income | 974,000 | 2,042,000 | 3,251,000 | 4,567,000 |
| Noninterest income | 61,000 | 131,000 | 221,000 | 297,000 |
| Noninterest expense | 564,000 | 1,162,000 | 1,755,000 | 2,348,000 |
| Provision for loan losses | 85,000 | 165,000 | 310,000 | 515,000 |
| Pretax income | 386,000 | 846,000 | 1,407,000 | 2,001,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 386,000 | 846,000 | 1,407,000 | 2,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,818,000 | 11,278,000 | 11,838,000 | 12,433,000 |
| Total capital | 11,473,000 | 12,013,000 | 12,714,000 | 13,514,000 |
| Risk-weighted assets | 74,752,000 | 84,032,000 | 106,617,000 | 108,071,000 |