Call reports 2006
FIRST SOUTH BANK — 2006
What FIRST SOUTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 869,320,000 | 894,059,000 | 914,380,000 | 908,354,000 |
| Total loans | 746,371,000 | 759,460,000 | 771,256,000 | 770,689,000 |
| Allowance for loan losses | 9,565,000 | 8,891,000 | 9,174,000 | 9,158,000 |
| Securities available for sale | 71,378,000 | 82,205,000 | 92,436,000 | 91,521,000 |
| Securities held to maturity | 1,980,000 | 1,838,000 | 1,745,000 | 1,663,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 776,889,000 | 779,217,000 | 808,718,000 | 804,297,000 |
| Interest-bearing deposits | 668,354,000 | 668,310,000 | 696,396,000 | 693,620,000 |
| Noninterest-bearing deposits | 108,535,000 | 110,907,000 | 112,322,000 | 110,677,000 |
| Equity capital | 76,530,000 | 75,225,000 | 78,479,000 | 81,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 15,709,000 | 32,647,000 | 50,330,000 | 68,329,000 |
| Interest expense | 5,034,000 | 10,914,000 | 17,658,000 | 24,791,000 |
| Net interest income | 10,675,000 | 21,733,000 | 32,672,000 | 43,538,000 |
| Noninterest income | 2,021,000 | 4,096,000 | 6,344,000 | 8,290,000 |
| Noninterest expense | 5,221,000 | 10,643,000 | 16,238,000 | 21,627,000 |
| Provision for loan losses | 346,000 | 783,000 | 933,000 | 933,000 |
| Pretax income | 7,129,000 | 14,403,000 | 21,845,000 | 29,268,000 |
| Income tax | 2,759,000 | 5,585,000 | 8,539,000 | 11,421,000 |
| Net income | 4,370,000 | 8,818,000 | 13,306,000 | 17,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,902,000 | 72,219,000 | 74,651,000 | 77,225,000 |
| Total capital | 81,797,000 | 81,322,000 | 83,783,000 | 86,444,000 |
| Risk-weighted assets | 710,915,000 | 727,445,000 | 729,638,000 | 736,783,000 |