Call reports 2006
FIRST BANK OF THE SOUTH — 2006
What FIRST BANK OF THE SOUTH reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 624,927,000 | 625,078,000 | 624,541,000 | 674,916,000 |
| Total loans | 506,735,000 | 504,084,000 | 522,692,000 | 536,126,000 |
| Allowance for loan losses | 7,075,000 | 7,204,000 | 7,336,000 | 7,226,000 |
| Securities available for sale | 34,861,000 | 36,968,000 | 41,537,000 | 46,380,000 |
| Securities held to maturity | 1,798,000 | 1,797,000 | 1,796,000 | 1,795,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 543,189,000 | 541,164,000 | 536,346,000 | 585,217,000 |
| Interest-bearing deposits | 500,706,000 | 500,967,000 | 500,366,000 | 547,331,000 |
| Noninterest-bearing deposits | 42,482,000 | 40,197,000 | 35,981,000 | 37,885,000 |
| Equity capital | 67,364,000 | 70,187,000 | 73,634,000 | 76,745,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 10,534,000 | 21,963,000 | 33,858,000 | 46,272,000 |
| Interest expense | 3,576,000 | 7,621,000 | 12,074,000 | 17,148,000 |
| Net interest income | 6,958,000 | 14,342,000 | 21,784,000 | 29,124,000 |
| Noninterest income | 294,000 | 548,000 | 799,000 | 1,034,000 |
| Noninterest expense | 2,605,000 | 5,286,000 | 7,878,000 | 10,418,000 |
| Provision for loan losses | 300,000 | 440,000 | 575,000 | 665,000 |
| Pretax income | 4,316,000 | 9,133,000 | 14,099,000 | 18,874,000 |
| Income tax | 1,594,000 | 3,380,000 | 5,225,000 | 7,038,000 |
| Net income | 2,722,000 | 5,753,000 | 8,874,000 | 11,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,612,000 | 59,688,000 | 62,854,000 | 65,196,000 |
| Total capital | 63,508,000 | 66,638,000 | 70,099,000 | 72,422,000 |
| Risk-weighted assets | 551,477,000 | 555,233,000 | 579,530,000 | 598,576,000 |