Call reports 2005
FIRST SOUTH BANK — 2005
What FIRST SOUTH BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 769,667,000 | 789,658,000 | 823,689,000 | 831,602,000 |
| Total loans | 684,143,000 | 696,554,000 | 717,962,000 | 717,549,000 |
| Allowance for loan losses | 8,949,000 | 8,736,000 | 9,101,000 | 9,222,000 |
| Securities available for sale | 34,634,000 | 39,330,000 | 47,424,000 | 62,467,000 |
| Securities held to maturity | 2,441,000 | 2,356,000 | 2,228,000 | 2,063,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 675,749,000 | 705,094,000 | 736,583,000 | 737,237,000 |
| Interest-bearing deposits | 578,938,000 | 606,514,000 | 626,766,000 | 631,889,000 |
| Noninterest-bearing deposits | 96,811,000 | 98,580,000 | 109,817,000 | 105,348,000 |
| Equity capital | 69,463,000 | 71,498,000 | 73,703,000 | 75,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 11,828,000 | 24,524,000 | 38,578,000 | 53,631,000 |
| Interest expense | 2,828,000 | 6,261,000 | 10,447,000 | 14,830,000 |
| Net interest income | 9,000,000 | 18,263,000 | 28,131,000 | 38,801,000 |
| Noninterest income | 1,719,000 | 3,404,000 | 5,376,000 | 7,285,000 |
| Noninterest expense | 4,859,000 | 9,930,000 | 15,189,000 | 20,576,000 |
| Provision for loan losses | 638,000 | 1,051,000 | 1,445,000 | 1,711,000 |
| Pretax income | 5,222,000 | 10,686,000 | 16,873,000 | 23,799,000 |
| Income tax | 2,008,000 | 4,127,000 | 6,518,000 | 9,202,000 |
| Net income | 3,214,000 | 6,559,000 | 10,355,000 | 14,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,447,000 | 66,534,000 | 69,071,000 | 71,423,000 |
| Total capital | 72,555,000 | 74,767,000 | 77,534,000 | 80,015,000 |
| Risk-weighted assets | 647,827,000 | 658,132,000 | 676,404,000 | 686,747,000 |