Call reports 2021
PREMIER BANK OF THE SOUTH — 2021
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 278,750,000 | 290,456,000 | 296,996,000 | 311,414,000 |
| Total loans | 156,487,000 | 162,539,000 | 159,110,000 | 160,158,000 |
| Allowance for loan losses | 1,889,000 | 1,665,000 | 1,790,000 | 1,737,000 |
| Securities available for sale | 46,219,000 | 46,366,000 | 50,798,000 | 55,002,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,710,000 | 266,371,000 | 271,828,000 | 285,944,000 |
| Interest-bearing deposits | 170,249,000 | 179,039,000 | 178,096,000 | 197,593,000 |
| Noninterest-bearing deposits | 85,461,000 | 87,332,000 | 93,732,000 | 88,351,000 |
| Equity capital | 21,655,000 | 22,597,000 | 23,572,000 | 24,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,466,000 | 5,152,000 | 8,092,000 | 10,422,000 |
| Interest expense | 132,000 | 251,000 | 374,000 | 488,000 |
| Net interest income | 2,334,000 | 4,901,000 | 7,718,000 | 9,934,000 |
| Noninterest income | 560,000 | 1,165,000 | 1,743,000 | 2,953,000 |
| Noninterest expense | 2,025,000 | 4,142,000 | 6,435,000 | 8,854,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 75,000 |
| Pretax income | 869,000 | 1,869,000 | 2,995,000 | 4,002,000 |
| Income tax | 54,000 | 130,000 | 221,000 | 252,000 |
| Net income | 815,000 | 1,739,000 | 2,774,000 | 3,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,674,000 | 23,418,000 | 24,348,000 | 25,820,000 |
| Total capital | 24,563,000 | 25,083,000 | 26,138,000 | 27,557,000 |
| Risk-weighted assets | 152,854,000 | 140,997,000 | 144,849,000 | 149,009,000 |