Call reports 2004
PREMIER BANK OF THE SOUTH — 2004
What PREMIER 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 | 97,559,000 | 106,596,000 | 112,386,000 | 107,127,000 |
| Total loans | 64,019,000 | 66,729,000 | 68,836,000 | 69,361,000 |
| Allowance for loan losses | 854,000 | 921,000 | 964,000 | 1,016,000 |
| Securities available for sale | 20,820,000 | 22,940,000 | 20,809,000 | 22,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,662,000 | 74,983,000 | 74,660,000 | 77,753,000 |
| Interest-bearing deposits | 60,869,000 | 60,415,000 | 60,853,000 | 66,097,000 |
| Noninterest-bearing deposits | 12,793,000 | 14,568,000 | 13,807,000 | 11,656,000 |
| Equity capital | 10,403,000 | 10,171,000 | 10,569,000 | 10,806,000 |
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 | 1,348,000 | 2,754,000 | 4,170,000 | 5,666,000 |
| Interest expense | 371,000 | 758,000 | 1,185,000 | 1,650,000 |
| Net interest income | 977,000 | 1,996,000 | 2,985,000 | 4,016,000 |
| Noninterest income | 204,000 | 427,000 | 674,000 | 937,000 |
| Noninterest expense | 722,000 | 1,459,000 | 2,235,000 | 3,091,000 |
| Provision for loan losses | 89,000 | 181,000 | 290,000 | 408,000 |
| Pretax income | 365,000 | 761,000 | 1,129,000 | 1,448,000 |
| Income tax | 119,000 | 248,000 | 369,000 | 427,000 |
| Net income | 246,000 | 513,000 | 760,000 | 1,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,215,000 | 10,426,000 | 10,611,000 | 10,806,000 |
| Total capital | 11,050,000 | 11,318,000 | 11,538,000 | 11,728,000 |
| Risk-weighted assets | 66,805,000 | 71,309,000 | 74,126,000 | 73,649,000 |