Call reports 2002
PREMIER BANK OF THE SOUTH — 2002
What PREMIER 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 | 79,651,000 | 83,227,000 | 89,158,000 | 91,245,000 |
| Total loans | 50,564,000 | 51,096,000 | 51,966,000 | 55,097,000 |
| Allowance for loan losses | 511,000 | 538,000 | 571,000 | 608,000 |
| Securities available for sale | 14,595,000 | 14,913,000 | 17,550,000 | 17,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,570,000 | 67,732,000 | 65,211,000 | 68,749,000 |
| Interest-bearing deposits | 52,395,000 | 54,946,000 | 54,687,000 | 57,976,000 |
| Noninterest-bearing deposits | 11,175,000 | 12,786,000 | 10,524,000 | 10,773,000 |
| Equity capital | 5,629,000 | 5,953,000 | 6,195,000 | 6,313,000 |
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 | 1,354,000 | 2,707,000 | 4,038,000 | 5,387,000 |
| Interest expense | 496,000 | 972,000 | 1,440,000 | 1,886,000 |
| Net interest income | 858,000 | 1,735,000 | 2,598,000 | 3,501,000 |
| Noninterest income | 145,000 | 288,000 | 436,000 | 639,000 |
| Noninterest expense | 625,000 | 1,276,000 | 1,943,000 | 2,728,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 290,000 |
| Pretax income | 318,000 | 638,000 | 918,000 | 1,175,000 |
| Income tax | 95,000 | 203,000 | 292,000 | 356,000 |
| Net income | 223,000 | 435,000 | 626,000 | 819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,631,000 | 5,813,000 | 5,981,000 | 6,153,000 |
| Total capital | 6,142,000 | 6,351,000 | 6,552,000 | 6,761,000 |
| Risk-weighted assets | 50,208,000 | 50,872,000 | 53,374,000 | 56,687,000 |