Call reports 2011
FIRST SOUTH BANK — 2011
What FIRST SOUTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 788,281,000 | 781,911,000 | 765,710,000 | 744,402,000 |
| Total loans | 606,546,000 | 587,747,000 | 586,556,000 | 540,412,000 |
| Allowance for loan losses | 19,321,000 | 18,667,000 | 18,307,000 | 15,194,000 |
| Securities available for sale | 63,856,000 | 68,960,000 | 65,518,000 | 138,515,000 |
| Securities held to maturity | 56,710,000 | 55,579,000 | 54,246,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 694,256,000 | 685,713,000 | 668,791,000 | 644,672,000 |
| Interest-bearing deposits | 593,585,000 | 581,622,000 | 564,430,000 | 543,648,000 |
| Noninterest-bearing deposits | 100,671,000 | 104,091,000 | 104,361,000 | 101,024,000 |
| Equity capital | 78,110,000 | 79,424,000 | 80,658,000 | 82,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 10,030,000 | 20,367,000 | 30,419,000 | 40,025,000 |
| Interest expense | 2,004,000 | 3,931,000 | 5,700,000 | 7,222,000 |
| Net interest income | 8,026,000 | 16,436,000 | 24,719,000 | 32,803,000 |
| Noninterest income | 1,643,000 | 3,841,000 | 5,095,000 | 6,209,000 |
| Noninterest expense | 6,609,000 | 13,448,000 | 19,771,000 | 25,904,000 |
| Provision for loan losses | 2,457,000 | 5,516,000 | 8,173,000 | 10,813,000 |
| Pretax income | 655,000 | 1,365,000 | 2,126,000 | 2,814,000 |
| Income tax | 260,000 | 520,000 | 811,000 | 988,000 |
| Net income | 395,000 | 845,000 | 1,315,000 | 1,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,387,000 | 73,865,000 | 74,295,000 | 74,831,000 |
| Total capital | 80,932,000 | 81,184,000 | 81,405,000 | 81,642,000 |
| Risk-weighted assets | 591,582,000 | 573,898,000 | 557,396,000 | 536,255,000 |