Call reports 2011
PREMIER BANK OF THE SOUTH — 2011
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 140,399,000 | 144,214,000 | 137,221,000 | 141,929,000 |
| Total loans | 106,908,000 | 101,868,000 | 99,133,000 | 101,389,000 |
| Allowance for loan losses | 1,388,000 | 1,560,000 | 1,454,000 | 1,499,000 |
| Securities available for sale | 11,418,000 | 13,449,000 | 12,683,000 | 15,252,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,622,000 | 129,280,000 | 122,365,000 | 127,386,000 |
| Interest-bearing deposits | 107,433,000 | 109,656,000 | 101,632,000 | 106,390,000 |
| Noninterest-bearing deposits | 18,189,000 | 19,624,000 | 20,733,000 | 20,996,000 |
| Equity capital | 13,484,000 | 13,552,000 | 13,395,000 | 13,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,945,000 | 3,883,000 | 5,781,000 | 7,617,000 |
| Interest expense | 337,000 | 653,000 | 892,000 | 1,097,000 |
| Net interest income | 1,608,000 | 3,230,000 | 4,889,000 | 6,520,000 |
| Noninterest income | 338,000 | 669,000 | 1,032,000 | 1,375,000 |
| Noninterest expense | 1,353,000 | 2,706,000 | 4,312,000 | 5,719,000 |
| Provision for loan losses | 250,000 | 475,000 | 475,000 | 650,000 |
| Pretax income | 343,000 | 718,000 | 1,134,000 | 1,526,000 |
| Income tax | 22,000 | 46,000 | 73,000 | 75,000 |
| Net income | 321,000 | 672,000 | 1,061,000 | 1,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,433,000 | 13,461,000 | 13,315,000 | 13,210,000 |
| Total capital | 14,769,000 | 14,736,000 | 14,554,000 | 14,474,000 |
| Risk-weighted assets | 107,480,000 | 102,482,000 | 99,764,000 | 101,588,000 |