Call reports 2020
PREMIER BANK OF THE SOUTH — 2020
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 209,039,000 | 232,075,000 | 239,945,000 | 262,437,000 |
| Total loans | 137,870,000 | 159,698,000 | 162,267,000 | 153,016,000 |
| Allowance for loan losses | 1,630,000 | 1,870,000 | 1,864,000 | 1,756,000 |
| Securities available for sale | 33,809,000 | 36,202,000 | 35,441,000 | 39,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,466,000 | 210,988,000 | 218,833,000 | 240,665,000 |
| Interest-bearing deposits | 139,360,000 | 144,214,000 | 147,505,000 | 167,003,000 |
| Noninterest-bearing deposits | 49,106,000 | 66,774,000 | 71,328,000 | 73,662,000 |
| Equity capital | 19,172,000 | 19,530,000 | 19,333,000 | 20,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,346,000 | 4,661,000 | 7,054,000 | 10,005,000 |
| Interest expense | 264,000 | 468,000 | 650,000 | 831,000 |
| Net interest income | 2,082,000 | 4,193,000 | 6,404,000 | 9,174,000 |
| Noninterest income | 490,000 | 1,186,000 | 1,710,000 | 2,280,000 |
| Noninterest expense | 1,909,000 | 3,813,000 | 5,822,000 | 7,834,000 |
| Provision for loan losses | 75,000 | 325,000 | 325,000 | 325,000 |
| Pretax income | 597,000 | 1,266,000 | 1,992,000 | 3,320,000 |
| Income tax | 41,000 | 87,000 | 138,000 | 214,000 |
| Net income | 556,000 | 1,179,000 | 1,854,000 | 3,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,114,000 | 19,429,000 | 19,359,000 | 20,505,000 |
| Total capital | 20,744,000 | 21,299,000 | 21,223,000 | 22,261,000 |
| Risk-weighted assets | 130,698,000 | 154,386,000 | 156,494,000 | 147,961,000 |