Call reports 2013
FIRST SOUTH BANK — 2013
What FIRST SOUTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 690,520,000 | 679,663,000 | 681,183,000 | 673,858,000 |
| Total loans | 439,816,000 | 447,792,000 | 449,529,000 | 453,952,000 |
| Allowance for loan losses | 8,567,000 | 8,604,000 | 7,707,000 | 7,609,000 |
| Securities available for sale | 176,320,000 | 162,336,000 | 148,831,000 | 150,300,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 602,926,000 | 593,608,000 | 593,396,000 | 586,596,000 |
| Interest-bearing deposits | 583,895,000 | 574,035,000 | 574,082,000 | 567,646,000 |
| Noninterest-bearing deposits | 19,031,000 | 19,573,000 | 19,314,000 | 18,950,000 |
| Equity capital | 84,419,000 | 82,910,000 | 84,191,000 | 84,088,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 8,019,000 | 15,350,000 | 22,574,000 | 29,700,000 |
| Interest expense | 677,000 | 1,304,000 | 1,916,000 | 2,507,000 |
| Net interest income | 7,342,000 | 14,046,000 | 20,658,000 | 27,193,000 |
| Noninterest income | 2,238,000 | 4,867,000 | 7,187,000 | 9,372,000 |
| Noninterest expense | 6,625,000 | 13,402,000 | 20,197,000 | 26,504,000 |
| Provision for loan losses | 400,000 | 400,000 | 400,000 | 1,085,000 |
| Pretax income | 2,555,000 | 5,392,000 | 7,796,000 | 9,524,000 |
| Income tax | 919,000 | 1,920,000 | 2,721,000 | 3,240,000 |
| Net income | 1,636,000 | 3,472,000 | 5,075,000 | 6,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,425,000 | 75,230,000 | 74,467,000 | 75,150,000 |
| Total capital | 79,227,000 | 81,118,000 | 80,393,000 | 81,213,000 |
| Risk-weighted assets | 461,188,000 | 468,094,000 | 472,019,000 | 483,210,000 |