Call reports 2004
FIRST SOUTH BANK — 2004
What FIRST SOUTH BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 709,716,000 | 719,204,000 | 714,511,000 | 720,827,000 |
| Total loans | 587,521,000 | 611,281,000 | 628,948,000 | 640,716,000 |
| Allowance for loan losses | 7,573,000 | 7,907,000 | 8,109,000 | 8,343,000 |
| Securities available for sale | 59,460,000 | 52,252,000 | 44,827,000 | 38,697,000 |
| Securities held to maturity | 0 | 0 | 2,729,000 | 2,569,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 606,421,000 | 603,839,000 | 618,555,000 | 631,295,000 |
| Interest-bearing deposits | 527,251,000 | 514,949,000 | 535,436,000 | 544,342,000 |
| Noninterest-bearing deposits | 79,170,000 | 88,889,000 | 83,119,000 | 86,954,000 |
| Equity capital | 65,499,000 | 64,307,000 | 66,206,000 | 68,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 9,501,000 | 19,442,000 | 29,722,000 | 40,664,000 |
| Interest expense | 2,159,000 | 4,345,000 | 6,710,000 | 9,244,000 |
| Net interest income | 7,342,000 | 15,097,000 | 23,012,000 | 31,420,000 |
| Noninterest income | 1,899,000 | 3,916,000 | 5,972,000 | 7,848,000 |
| Noninterest expense | 4,761,000 | 9,416,000 | 14,187,000 | 19,124,000 |
| Provision for loan losses | 0 | 400,000 | 668,000 | 968,000 |
| Pretax income | 4,526,000 | 9,286,000 | 14,218,000 | 19,265,000 |
| Income tax | 1,663,000 | 3,434,000 | 5,282,000 | 7,191,000 |
| Net income | 2,863,000 | 5,852,000 | 8,936,000 | 12,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,852,000 | 58,483,000 | 60,657,000 | 62,689,000 |
| Total capital | 65,854,000 | 65,677,000 | 68,043,000 | 70,240,000 |
| Risk-weighted assets | 559,533,000 | 574,820,000 | 590,152,000 | 603,308,000 |