Call reports 2001
FIRST SOUTH BANK — 2001
What FIRST SOUTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 551,823,000 | 535,179,000 | 541,157,000 | 549,344,000 |
| Total loans | 374,865,000 | 371,859,000 | 379,547,000 | 411,032,000 |
| Allowance for loan losses | 5,778,000 | 5,389,000 | 5,401,000 | 5,371,000 |
| Securities available for sale | 122,955,000 | 113,360,000 | 103,345,000 | 97,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 492,531,000 | 476,710,000 | 480,401,000 | 487,036,000 |
| Interest-bearing deposits | 457,523,000 | 441,068,000 | 436,027,000 | 439,111,000 |
| Noninterest-bearing deposits | 35,008,000 | 35,642,000 | 44,374,000 | 47,925,000 |
| Equity capital | 47,693,000 | 47,511,000 | 49,204,000 | 46,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 10,950,000 | 21,262,000 | 31,123,000 | 40,723,000 |
| Interest expense | 6,009,000 | 11,348,000 | 15,949,000 | 20,063,000 |
| Net interest income | 4,941,000 | 9,914,000 | 15,174,000 | 20,660,000 |
| Noninterest income | 1,653,000 | 3,105,000 | 4,683,000 | 6,124,000 |
| Noninterest expense | 3,828,000 | 7,719,000 | 12,151,000 | 19,049,000 |
| Provision for loan losses | 540,000 | 540,000 | 590,000 | 590,000 |
| Pretax income | 2,300,000 | 4,945,000 | 7,538,000 | 7,556,000 |
| Income tax | 942,000 | 2,021,000 | 3,093,000 | 4,255,000 |
| Net income | 1,358,000 | 2,924,000 | 4,445,000 | 3,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,833,000 | 41,509,000 | 41,391,000 | 39,835,000 |
| Total capital | 45,437,000 | 46,589,000 | 46,062,000 | 44,671,000 |
| Risk-weighted assets | 366,870,000 | 406,126,000 | 372,927,000 | 386,347,000 |