Call reports 2009
FIRST SOUTH BANK — 2009
What FIRST SOUTH BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 874,952,000 | 882,588,000 | 852,496,000 | 826,436,000 |
| Total loans | 748,047,000 | 719,133,000 | 694,063,000 | 672,293,000 |
| Allowance for loan losses | 10,878,000 | 11,727,000 | 12,318,000 | 13,504,000 |
| Securities available for sale | 76,333,000 | 91,413,000 | 91,108,000 | 97,132,000 |
| Securities held to maturity | 729,000 | 647,000 | 597,000 | 514,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 723,588,000 | 734,517,000 | 714,784,000 | 691,564,000 |
| Interest-bearing deposits | 629,338,000 | 637,478,000 | 620,862,000 | 597,879,000 |
| Noninterest-bearing deposits | 94,250,000 | 97,039,000 | 93,922,000 | 93,685,000 |
| Equity capital | 86,471,000 | 85,365,000 | 85,909,000 | 84,822,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 12,806,000 | 25,474,000 | 37,849,000 | 49,950,000 |
| Interest expense | 4,519,000 | 8,958,000 | 12,789,000 | 15,704,000 |
| Net interest income | 8,287,000 | 16,516,000 | 25,060,000 | 34,246,000 |
| Noninterest income | 2,000,000 | 4,393,000 | 6,492,000 | 8,652,000 |
| Noninterest expense | 5,860,000 | 12,202,000 | 18,671,000 | 24,798,000 |
| Provision for loan losses | 1,520,000 | 3,220,000 | 4,480,000 | 7,180,000 |
| Pretax income | 3,373,000 | 6,405,000 | 9,319,000 | 11,838,000 |
| Income tax | 1,278,000 | 2,455,000 | 3,602,000 | 4,515,000 |
| Net income | 2,095,000 | 3,950,000 | 5,717,000 | 7,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,772,000 | 80,690,000 | 80,445,000 | 80,049,000 |
| Total capital | 89,650,000 | 89,408,000 | 88,925,000 | 88,282,000 |
| Risk-weighted assets | 707,930,000 | 694,192,000 | 673,512,000 | 653,122,000 |