Call reports 2009
PREMIER BANK OF THE SOUTH — 2009
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 149,787,000 | 146,716,000 | 143,363,000 | 142,192,000 |
| Total loans | 103,627,000 | 104,046,000 | 107,298,000 | 109,403,000 |
| Allowance for loan losses | 1,045,000 | 1,049,000 | 1,244,000 | 1,099,000 |
| Securities available for sale | 20,917,000 | 21,106,000 | 21,975,000 | 19,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,778,000 | 126,742,000 | 121,806,000 | 117,490,000 |
| Interest-bearing deposits | 112,000,000 | 108,475,000 | 106,195,000 | 101,916,000 |
| Noninterest-bearing deposits | 15,778,000 | 18,267,000 | 15,611,000 | 15,574,000 |
| Equity capital | 13,197,000 | 13,009,000 | 13,073,000 | 13,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,156,000 | 4,337,000 | 6,561,000 | 8,689,000 |
| Interest expense | 797,000 | 1,490,000 | 2,124,000 | 2,648,000 |
| Net interest income | 1,359,000 | 2,847,000 | 4,437,000 | 6,041,000 |
| Noninterest income | 317,000 | 698,000 | 1,088,000 | 1,435,000 |
| Noninterest expense | 1,237,000 | 2,550,000 | 3,961,000 | 5,324,000 |
| Provision for loan losses | 113,000 | 237,000 | 523,000 | 653,000 |
| Pretax income | 326,000 | 629,000 | 1,036,000 | 1,494,000 |
| Income tax | 16,000 | 38,000 | 56,000 | 68,000 |
| Net income | 310,000 | 591,000 | 980,000 | 1,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,916,000 | 12,840,000 | 12,871,000 | 13,087,000 |
| Total capital | 13,961,000 | 13,889,000 | 14,115,000 | 14,186,000 |
| Risk-weighted assets | 114,603,000 | 115,130,000 | 117,203,000 | 116,168,000 |