Call reports 2007
PREMIER BANK OF THE SOUTH — 2007
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 125,096,000 | 139,686,000 | 133,791,000 | 143,750,000 |
| Total loans | 83,887,000 | 82,941,000 | 83,881,000 | 86,494,000 |
| Allowance for loan losses | 861,000 | 850,000 | 850,000 | 855,000 |
| Securities available for sale | 23,085,000 | 24,148,000 | 23,809,000 | 24,654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,032,000 | 116,234,000 | 109,610,000 | 112,455,000 |
| Interest-bearing deposits | 88,945,000 | 92,128,000 | 93,896,000 | 97,800,000 |
| Noninterest-bearing deposits | 15,087,000 | 24,106,000 | 15,714,000 | 14,655,000 |
| Equity capital | 12,539,000 | 12,550,000 | 12,778,000 | 13,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,117,000 | 4,358,000 | 6,678,000 | 8,995,000 |
| Interest expense | 905,000 | 1,889,000 | 2,895,000 | 3,936,000 |
| Net interest income | 1,212,000 | 2,469,000 | 3,783,000 | 5,059,000 |
| Noninterest income | 324,000 | 694,000 | 1,073,000 | 1,554,000 |
| Noninterest expense | 1,016,000 | 2,081,000 | 3,233,000 | 4,570,000 |
| Provision for loan losses | 75,000 | 125,000 | 210,000 | 260,000 |
| Pretax income | 445,000 | 958,000 | 1,414,000 | 1,784,000 |
| Income tax | 131,000 | 162,000 | 184,000 | 188,000 |
| Net income | 314,000 | 796,000 | 1,230,000 | 1,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,703,000 | 12,873,000 | 12,782,000 | 12,864,000 |
| Total capital | 13,564,000 | 13,723,000 | 13,632,000 | 13,719,000 |
| Risk-weighted assets | 88,537,000 | 92,881,000 | 92,972,000 | 97,353,000 |