Call reports 2018
PREMIER BANK OF THE SOUTH — 2018
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 182,120,000 | 189,565,000 | 192,642,000 | 193,134,000 |
| Total loans | 125,367,000 | 129,384,000 | 129,692,000 | 130,559,000 |
| Allowance for loan losses | 1,772,000 | 1,861,000 | 1,891,000 | 1,859,000 |
| Securities available for sale | 26,220,000 | 28,163,000 | 27,066,000 | 30,272,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,372,000 | 171,714,000 | 174,458,000 | 174,456,000 |
| Interest-bearing deposits | 128,922,000 | 130,867,000 | 131,094,000 | 133,741,000 |
| Noninterest-bearing deposits | 35,450,000 | 40,847,000 | 43,364,000 | 40,715,000 |
| Equity capital | 16,593,000 | 16,526,000 | 16,662,000 | 17,365,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,097,000 | 4,295,000 | 6,569,000 | 8,855,000 |
| Interest expense | 186,000 | 393,000 | 622,000 | 880,000 |
| Net interest income | 1,911,000 | 3,902,000 | 5,947,000 | 7,975,000 |
| Noninterest income | 469,000 | 959,000 | 1,479,000 | 1,976,000 |
| Noninterest expense | 1,705,000 | 3,392,000 | 5,191,000 | 7,092,000 |
| Provision for loan losses | 100,000 | 225,000 | 275,000 | 325,000 |
| Pretax income | 575,000 | 1,244,000 | 1,960,000 | 2,534,000 |
| Income tax | 38,000 | 88,000 | 138,000 | 165,000 |
| Net income | 537,000 | 1,156,000 | 1,822,000 | 2,369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,970,000 | 16,962,000 | 17,174,000 | 17,648,000 |
| Total capital | 18,525,000 | 18,545,000 | 18,765,000 | 19,251,000 |
| Risk-weighted assets | 124,248,000 | 126,409,000 | 127,038,000 | 127,987,000 |