Call reports 2022
PREMIER BANK OF THE SOUTH — 2022
What PREMIER BANK OF THE SOUTH reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 302,958,000 | 328,680,000 | 329,250,000 | 321,531,000 |
| Total loans | 163,889,000 | 162,302,000 | 167,594,000 | 173,509,000 |
| Allowance for loan losses | 2,683,000 | 2,662,000 | 2,646,000 | 2,525,000 |
| Securities available for sale | 51,338,000 | 49,681,000 | 54,564,000 | 55,191,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,201,000 | 307,538,000 | 308,221,000 | 299,434,000 |
| Interest-bearing deposits | 190,386,000 | 210,070,000 | 195,195,000 | 206,629,000 |
| Noninterest-bearing deposits | 89,815,000 | 97,468,000 | 113,026,000 | 92,805,000 |
| Equity capital | 21,508,000 | 19,791,000 | 19,062,000 | 20,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,296,000 | 4,880,000 | 7,953,000 | 11,404,000 |
| Interest expense | 97,000 | 199,000 | 315,000 | 463,000 |
| Net interest income | 2,199,000 | 4,681,000 | 7,638,000 | 10,941,000 |
| Noninterest income | 642,000 | 1,271,000 | 1,910,000 | 2,525,000 |
| Noninterest expense | 2,059,000 | 4,232,000 | 6,521,000 | 9,028,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,022,000 | 1,959,000 | 3,267,000 | 4,678,000 |
| Income tax | 70,000 | 125,000 | 221,000 | 302,000 |
| Net income | 952,000 | 1,834,000 | 3,046,000 | 4,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,366,000 | 26,192,000 | 28,163,000 | 29,359,000 |
| Total capital | 28,307,000 | 28,126,000 | 30,183,000 | 31,438,000 |
| Risk-weighted assets | 154,544,000 | 154,001,000 | 161,012,000 | 165,898,000 |