Call reports 2010
FIRST SOUTH BANK — 2010
What FIRST SOUTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 799,226,000 | 810,111,000 | 809,185,000 | 790,705,000 |
| Total loans | 655,529,000 | 652,853,000 | 650,700,000 | 624,916,000 |
| Allowance for loan losses | 13,221,000 | 7,901,000 | 8,213,000 | 18,830,000 |
| Securities available for sale | 94,774,000 | 92,181,000 | 86,922,000 | 98,638,000 |
| Securities held to maturity | 434,000 | 378,000 | 323,000 | 245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 687,429,000 | 698,248,000 | 697,432,000 | 691,312,000 |
| Interest-bearing deposits | 592,252,000 | 603,239,000 | 593,436,000 | 592,708,000 |
| Noninterest-bearing deposits | 95,177,000 | 95,009,000 | 103,996,000 | 98,604,000 |
| Equity capital | 84,453,000 | 85,490,000 | 85,565,000 | 77,957,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 11,207,000 | 22,037,000 | 33,030,000 | 43,556,000 |
| Interest expense | 2,293,000 | 4,468,000 | 6,601,000 | 8,686,000 |
| Net interest income | 8,914,000 | 17,569,000 | 26,429,000 | 34,870,000 |
| Noninterest income | 1,962,000 | 4,010,000 | 6,495,000 | 7,939,000 |
| Noninterest expense | 6,309,000 | 12,845,000 | 19,489,000 | 26,038,000 |
| Provision for loan losses | 2,482,000 | 4,559,000 | 8,528,000 | 22,152,000 |
| Pretax income | 2,565,000 | 5,113,000 | 6,541,000 | -3,696,000 |
| Income tax | 995,000 | 1,993,000 | 2,399,000 | -1,656,000 |
| Net income | 1,570,000 | 3,120,000 | 4,142,000 | -2,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,639,000 | 79,198,000 | 79,261,000 | 73,005,000 |
| Total capital | 87,686,000 | 87,215,000 | 87,183,000 | 80,665,000 |
| Risk-weighted assets | 638,441,000 | 641,268,000 | 633,279,000 | 601,385,000 |