Call reports 2002
FIRST SOUTH BANK — 2002
What FIRST SOUTH BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 562,681,000 | 578,143,000 | 600,742,000 | 628,073,000 |
| Total loans | 426,034,000 | 439,676,000 | 461,181,000 | 497,954,000 |
| Allowance for loan losses | 5,635,000 | 5,923,000 | 6,314,000 | 6,959,000 |
| Securities available for sale | 91,328,000 | 90,187,000 | 88,823,000 | 79,313,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 501,584,000 | 515,849,000 | 539,676,000 | 534,897,000 |
| Interest-bearing deposits | 449,079,000 | 462,547,000 | 477,403,000 | 477,797,000 |
| Noninterest-bearing deposits | 52,505,000 | 53,302,000 | 62,273,000 | 57,100,000 |
| Equity capital | 47,467,000 | 50,212,000 | 51,719,000 | 49,983,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 9,171,000 | 18,476,000 | 27,838,000 | 37,398,000 |
| Interest expense | 3,361,000 | 6,559,000 | 9,602,000 | 12,474,000 |
| Net interest income | 5,810,000 | 11,917,000 | 18,236,000 | 24,924,000 |
| Noninterest income | 1,556,000 | 3,290,000 | 5,177,000 | 7,318,000 |
| Noninterest expense | 3,648,000 | 7,557,000 | 11,556,000 | 15,968,000 |
| Provision for loan losses | 309,000 | 642,000 | 1,072,000 | 1,756,000 |
| Pretax income | 3,467,000 | 7,061,000 | 10,868,000 | 14,820,000 |
| Income tax | 1,272,000 | 2,499,000 | 3,841,000 | 5,247,000 |
| Net income | 2,195,000 | 4,562,000 | 7,027,000 | 9,573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,362,000 | 43,044,000 | 43,940,000 | 42,364,000 |
| Total capital | 46,448,000 | 48,286,000 | 49,318,000 | 48,123,000 |
| Risk-weighted assets | 406,304,000 | 418,715,000 | 429,280,000 | 459,535,000 |