Call reports 2002
FIRST BANK OF THE SOUTH — 2002
What FIRST BANK OF THE SOUTH reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 142,695,000 | 151,393,000 | 155,887,000 | 270,669,000 |
| Total loans | 107,496,000 | 110,082,000 | 123,285,000 | 204,531,000 |
| Allowance for loan losses | 1,252,000 | 1,345,000 | 1,345,000 | 2,975,000 |
| Securities available for sale | 2,044,000 | 2,019,000 | 0 | 20,662,000 |
| Securities held to maturity | 1,811,000 | 1,810,000 | 1,809,000 | 1,809,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,030,000 | 136,789,000 | 140,173,000 | 243,998,000 |
| Interest-bearing deposits | 102,966,000 | 110,371,000 | 110,939,000 | 194,716,000 |
| Noninterest-bearing deposits | 26,064,000 | 26,418,000 | 29,234,000 | 49,282,000 |
| Equity capital | 13,108,000 | 13,774,000 | 14,569,000 | 25,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,992,000 | 4,088,000 | 6,318,000 | 11,065,000 |
| Interest expense | 576,000 | 1,192,000 | 1,822,000 | 3,144,000 |
| Net interest income | 1,416,000 | 2,896,000 | 4,496,000 | 7,921,000 |
| Noninterest income | 89,000 | 165,000 | 250,000 | 538,000 |
| Noninterest expense | 703,000 | 1,474,000 | 2,346,000 | 4,525,000 |
| Provision for loan losses | 171,000 | 264,000 | 264,000 | 364,000 |
| Pretax income | 631,000 | 1,323,000 | 2,136,000 | 3,762,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 631,000 | 1,323,000 | 2,136,000 | 3,762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,064,000 | 13,755,000 | 14,569,000 | 25,431,000 |
| Total capital | 14,316,000 | 15,100,000 | 15,914,000 | 28,330,000 |
| Risk-weighted assets | 117,214,000 | 120,729,000 | 132,753,000 | 231,808,000 |