Call reports 2013
PREMIER BANK OF THE SOUTH — 2013
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 148,935,000 | 144,018,000 | 138,852,000 | 141,558,000 |
| Total loans | 102,039,000 | 100,171,000 | 95,304,000 | 97,020,000 |
| Allowance for loan losses | 2,389,000 | 2,380,000 | 1,124,000 | 1,271,000 |
| Securities available for sale | 30,361,000 | 25,918,000 | 26,960,000 | 27,577,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,129,000 | 130,028,000 | 124,521,000 | 127,422,000 |
| Interest-bearing deposits | 107,316,000 | 103,213,000 | 96,493,000 | 98,563,000 |
| Noninterest-bearing deposits | 26,813,000 | 26,815,000 | 28,028,000 | 28,859,000 |
| Equity capital | 13,586,000 | 12,777,000 | 13,047,000 | 13,091,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,688,000 | 3,335,000 | 5,031,000 | 6,655,000 |
| Interest expense | 137,000 | 257,000 | 369,000 | 478,000 |
| Net interest income | 1,551,000 | 3,078,000 | 4,662,000 | 6,177,000 |
| Noninterest income | 338,000 | 744,000 | 1,130,000 | 1,579,000 |
| Noninterest expense | 1,392,000 | 2,781,000 | 4,189,000 | 5,634,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 347,000 | 741,000 | 1,153,000 | 1,522,000 |
| Income tax | 21,000 | 46,000 | 73,000 | 93,000 |
| Net income | 326,000 | 695,000 | 1,080,000 | 1,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,540,000 | 13,401,000 | 13,558,000 | 13,714,000 |
| Total capital | 14,858,000 | 14,686,000 | 14,682,000 | 14,956,000 |
| Risk-weighted assets | 104,354,000 | 101,743,000 | 97,401,000 | 99,350,000 |