Call reports 2001
PREMIER BANK OF THE SOUTH — 2001
What PREMIER 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 | 72,203,000 | 74,475,000 | 79,858,000 | 78,417,000 |
| Total loans | 44,169,000 | 44,678,000 | 48,284,000 | 49,600,000 |
| Allowance for loan losses | 438,000 | 432,000 | 474,000 | 500,000 |
| Securities available for sale | 11,910,000 | 14,562,000 | 14,259,000 | 15,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,522,000 | 57,613,000 | 58,012,000 | 58,417,000 |
| Interest-bearing deposits | 46,858,000 | 47,203,000 | 48,744,000 | 50,061,000 |
| Noninterest-bearing deposits | 8,664,000 | 10,410,000 | 9,268,000 | 8,356,000 |
| Equity capital | 5,227,000 | 5,379,000 | 5,591,000 | 5,568,000 |
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 | 1,417,000 | 2,842,000 | 4,264,000 | 5,637,000 |
| Interest expense | 685,000 | 1,344,000 | 1,974,000 | 2,545,000 |
| Net interest income | 732,000 | 1,498,000 | 2,290,000 | 3,092,000 |
| Noninterest income | 161,000 | 314,000 | 462,000 | 622,000 |
| Noninterest expense | 664,000 | 1,268,000 | 1,868,000 | 2,459,000 |
| Provision for loan losses | 30,000 | 70,000 | 195,000 | 421,000 |
| Pretax income | 199,000 | 474,000 | 689,000 | 836,000 |
| Income tax | 60,000 | 144,000 | 202,000 | 241,000 |
| Net income | 139,000 | 330,000 | 487,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,184,000 | 5,333,000 | 5,437,000 | 5,509,000 |
| Total capital | 5,622,000 | 5,765,000 | 5,911,000 | 6,009,000 |
| Risk-weighted assets | 43,326,000 | 44,719,000 | 47,386,000 | 49,167,000 |