Call reports 2007
ATLANTIC SOUTHERN BANK — 2007
What ATLANTIC SOUTHERN BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 780,344,000 | 788,646,000 | 824,032,000 | 851,465,000 |
| Total loans | 631,728,000 | 640,032,000 | 665,796,000 | 697,825,000 |
| Allowance for loan losses | 8,830,000 | 9,163,000 | 9,175,000 | 8,879,000 |
| Securities available for sale | 68,759,000 | 71,123,000 | 76,148,000 | 74,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 651,329,000 | 656,762,000 | 687,774,000 | 707,067,000 |
| Interest-bearing deposits | 600,552,000 | 606,291,000 | 641,442,000 | 659,157,000 |
| Noninterest-bearing deposits | 50,777,000 | 50,471,000 | 46,333,000 | 47,910,000 |
| Equity capital | 89,859,000 | 91,318,000 | 94,297,000 | 96,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 13,860,000 | 28,660,000 | 43,954,000 | 59,282,000 |
| Interest expense | 7,021,000 | 14,569,000 | 22,532,000 | 30,732,000 |
| Net interest income | 6,839,000 | 14,091,000 | 21,422,000 | 28,550,000 |
| Noninterest income | 657,000 | 1,535,000 | 2,451,000 | 3,274,000 |
| Noninterest expense | 3,922,000 | 8,466,000 | 13,264,000 | 18,231,000 |
| Provision for loan losses | 444,000 | 592,000 | 640,000 | 665,000 |
| Pretax income | 3,130,000 | 6,568,000 | 9,972,000 | 12,885,000 |
| Income tax | 1,103,000 | 2,306,000 | 3,498,000 | 4,544,000 |
| Net income | 2,027,000 | 4,262,000 | 6,474,000 | 8,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,203,000 | 70,516,000 | 72,824,000 | 73,662,000 |
| Total capital | 75,597,000 | 78,894,000 | 81,537,000 | 82,541,000 |
| Risk-weighted assets | 653,255,000 | 668,698,000 | 696,545,000 | 728,931,000 |