Call reports 2017
PREMIER BANK OF THE SOUTH — 2017
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 175,419,000 | 178,534,000 | 173,760,000 | 173,961,000 |
| Total loans | 114,707,000 | 119,384,000 | 119,625,000 | 124,210,000 |
| Allowance for loan losses | 1,588,000 | 1,620,000 | 1,630,000 | 1,713,000 |
| Securities available for sale | 30,528,000 | 30,560,000 | 25,297,000 | 23,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,162,000 | 161,331,000 | 156,166,000 | 156,331,000 |
| Interest-bearing deposits | 126,360,000 | 124,355,000 | 121,280,000 | 122,228,000 |
| Noninterest-bearing deposits | 31,802,000 | 36,976,000 | 34,886,000 | 34,103,000 |
| Equity capital | 15,980,000 | 15,965,000 | 16,229,000 | 16,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,909,000 | 3,868,000 | 5,880,000 | 7,898,000 |
| Interest expense | 171,000 | 343,000 | 520,000 | 704,000 |
| Net interest income | 1,738,000 | 3,525,000 | 5,360,000 | 7,194,000 |
| Noninterest income | 438,000 | 920,000 | 1,397,000 | 1,890,000 |
| Noninterest expense | 1,636,000 | 3,311,000 | 4,987,000 | 6,739,000 |
| Provision for loan losses | 50,000 | 158,000 | 225,000 | 300,000 |
| Pretax income | 490,000 | 976,000 | 1,545,000 | 2,045,000 |
| Income tax | 31,000 | 74,000 | 118,000 | 154,000 |
| Net income | 459,000 | 902,000 | 1,427,000 | 1,891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,094,000 | 16,045,000 | 16,139,000 | 16,725,000 |
| Total capital | 17,540,000 | 17,558,000 | 17,635,000 | 18,253,000 |
| Risk-weighted assets | 115,545,000 | 120,962,000 | 119,513,000 | 122,037,000 |