Call reports 2004
FIRST BANK OF THE SOUTH — 2004
What FIRST BANK OF THE SOUTH reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 360,790,000 | 354,064,000 | 380,614,000 | 396,383,000 |
| Total loans | 268,845,000 | 299,247,000 | 323,119,000 | 339,122,000 |
| Allowance for loan losses | 3,984,000 | 4,278,000 | 4,498,000 | 4,933,000 |
| Securities available for sale | 34,713,000 | 25,961,000 | 25,511,000 | 24,671,000 |
| Securities held to maturity | 1,805,000 | 1,804,000 | 1,803,000 | 1,803,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,217,000 | 316,642,000 | 341,138,000 | 346,258,000 |
| Interest-bearing deposits | 248,395,000 | 239,893,000 | 262,877,000 | 268,906,000 |
| Noninterest-bearing deposits | 75,822,000 | 76,750,000 | 78,260,000 | 77,352,000 |
| Equity capital | 35,180,000 | 35,974,000 | 37,759,000 | 39,167,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,200,000 | 8,664,000 | 13,681,000 | 19,252,000 |
| Interest expense | 764,000 | 1,534,000 | 2,415,000 | 3,610,000 |
| Net interest income | 3,436,000 | 7,130,000 | 11,266,000 | 15,642,000 |
| Noninterest income | 228,000 | 473,000 | 732,000 | 964,000 |
| Noninterest expense | 1,671,000 | 3,371,000 | 5,152,000 | 7,079,000 |
| Provision for loan losses | 300,000 | 600,000 | 820,000 | 1,105,000 |
| Pretax income | 1,693,000 | 3,632,000 | 6,026,000 | 8,422,000 |
| Income tax | 618,000 | 1,301,000 | 2,156,000 | 3,018,000 |
| Net income | 1,075,000 | 2,331,000 | 3,870,000 | 5,404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,840,000 | 36,097,000 | 37,635,000 | 39,171,000 |
| Total capital | 38,694,000 | 40,279,000 | 42,111,000 | 43,808,000 |
| Risk-weighted assets | 308,257,000 | 334,448,000 | 358,077,000 | 370,627,000 |