Call reports 2016
PREMIER BANK OF THE SOUTH — 2016
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 168,817,000 | 166,169,000 | 164,558,000 | 167,714,000 |
| Total loans | 108,524,000 | 112,707,000 | 112,245,000 | 116,688,000 |
| Allowance for loan losses | 1,626,000 | 1,669,000 | 1,649,000 | 1,607,000 |
| Securities available for sale | 31,696,000 | 32,852,000 | 27,632,000 | 24,636,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,290,000 | 149,385,000 | 147,717,000 | 151,007,000 |
| Interest-bearing deposits | 118,228,000 | 116,054,000 | 116,015,000 | 118,823,000 |
| Noninterest-bearing deposits | 34,062,000 | 33,331,000 | 31,702,000 | 32,184,000 |
| Equity capital | 15,424,000 | 15,592,000 | 15,581,000 | 15,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,753,000 | 3,575,000 | 5,430,000 | 7,268,000 |
| Interest expense | 160,000 | 317,000 | 477,000 | 640,000 |
| Net interest income | 1,593,000 | 3,258,000 | 4,953,000 | 6,628,000 |
| Noninterest income | 420,000 | 906,000 | 1,337,000 | 1,838,000 |
| Noninterest expense | 1,611,000 | 3,284,000 | 4,942,000 | 6,700,000 |
| Provision for loan losses | 25,000 | 75,000 | 150,000 | 210,000 |
| Pretax income | 377,000 | 805,000 | 1,422,000 | 1,780,000 |
| Income tax | 19,000 | 38,000 | 70,000 | 102,000 |
| Net income | 358,000 | 767,000 | 1,352,000 | 1,678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,199,000 | 15,233,000 | 15,493,000 | 15,767,000 |
| Total capital | 16,496,000 | 16,583,000 | 16,853,000 | 17,118,000 |
| Risk-weighted assets | 103,417,000 | 107,686,000 | 108,506,000 | 107,805,000 |