Call reports 2014
PREMIER BANK OF THE SOUTH — 2014
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 144,221,000 | 142,113,000 | 150,978,000 | 150,113,000 |
| Total loans | 96,139,000 | 98,761,000 | 100,778,000 | 103,922,000 |
| Allowance for loan losses | 1,272,000 | 1,420,000 | 1,492,000 | 1,524,000 |
| Securities available for sale | 29,175,000 | 28,723,000 | 31,583,000 | 31,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,670,000 | 126,352,000 | 135,754,000 | 134,648,000 |
| Interest-bearing deposits | 102,269,000 | 100,142,000 | 105,711,000 | 107,642,000 |
| Noninterest-bearing deposits | 27,401,000 | 26,210,000 | 30,043,000 | 27,006,000 |
| Equity capital | 13,438,000 | 13,730,000 | 13,816,000 | 14,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,628,000 | 3,280,000 | 4,990,000 | 6,751,000 |
| Interest expense | 114,000 | 230,000 | 361,000 | 521,000 |
| Net interest income | 1,514,000 | 3,050,000 | 4,629,000 | 6,230,000 |
| Noninterest income | 347,000 | 768,000 | 1,200,000 | 1,624,000 |
| Noninterest expense | 1,439,000 | 2,868,000 | 4,280,000 | 5,712,000 |
| Provision for loan losses | 70,000 | 175,000 | 380,000 | 485,000 |
| Pretax income | 352,000 | 775,000 | 1,169,000 | 1,657,000 |
| Income tax | 21,000 | 47,000 | 73,000 | 103,000 |
| Net income | 331,000 | 728,000 | 1,096,000 | 1,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,835,000 | 13,876,000 | 14,036,000 | 14,449,000 |
| Total capital | 15,107,000 | 15,148,000 | 15,338,000 | 15,769,000 |
| Risk-weighted assets | 110,430,000 | 101,646,000 | 104,030,000 | 105,379,000 |