Call reports 2003
FIRST BANK OF THE SOUTH — 2003
What FIRST BANK OF THE SOUTH reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 285,571,000 | 296,923,000 | 308,017,000 | 335,768,000 |
| Total loans | 207,388,000 | 216,534,000 | 230,107,000 | 251,653,000 |
| Allowance for loan losses | 3,210,000 | 3,284,000 | 3,351,000 | 3,647,000 |
| Securities available for sale | 23,778,000 | 27,834,000 | 34,449,000 | 33,552,000 |
| Securities held to maturity | 1,808,000 | 1,807,000 | 1,806,000 | 1,805,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,302,000 | 261,151,000 | 271,662,000 | 298,814,000 |
| Interest-bearing deposits | 199,979,000 | 209,368,000 | 211,502,000 | 230,784,000 |
| Noninterest-bearing deposits | 51,323,000 | 51,783,000 | 60,160,000 | 68,031,000 |
| Equity capital | 32,761,000 | 34,426,000 | 35,343,000 | 36,276,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,597,000 | 7,249,000 | 10,943,000 | 15,000,000 |
| Interest expense | 869,000 | 1,727,000 | 2,505,000 | 3,221,000 |
| Net interest income | 2,728,000 | 5,522,000 | 8,438,000 | 11,779,000 |
| Noninterest income | 195,000 | 455,000 | 704,000 | 939,000 |
| Noninterest expense | 1,462,000 | 2,956,000 | 4,452,000 | 6,196,000 |
| Provision for loan losses | 225,000 | 300,000 | 370,000 | 740,000 |
| Pretax income | 1,236,000 | 2,721,000 | 4,320,000 | 5,783,000 |
| Income tax | 0 | 61,000 | 579,000 | 1,116,000 |
| Net income | 1,236,000 | 2,660,000 | 3,741,000 | 4,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,667,000 | 34,091,000 | 35,172,000 | 36,098,000 |
| Total capital | 35,664,000 | 37,169,000 | 38,393,000 | 39,676,000 |
| Risk-weighted assets | 239,439,000 | 246,055,000 | 257,548,000 | 286,174,000 |