Call reports 2014
FIRST SOUTH BANK — 2014
What FIRST SOUTH BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 699,881,000 | 710,783,000 | 733,890,000 | 885,235,000 |
| Total loans | 467,734,000 | 474,716,000 | 478,553,000 | 485,229,000 |
| Allowance for loan losses | 7,804,000 | 7,926,000 | 7,504,000 | 7,520,000 |
| Securities available for sale | 165,565,000 | 171,961,000 | 187,965,000 | 292,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 593,391,000 | 593,542,000 | 602,999,000 | 789,168,000 |
| Interest-bearing deposits | 575,203,000 | 576,311,000 | 582,550,000 | 735,104,000 |
| Noninterest-bearing deposits | 18,188,000 | 17,231,000 | 20,449,000 | 54,064,000 |
| Equity capital | 86,335,000 | 88,412,000 | 89,651,000 | 89,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,081,000 | 14,305,000 | 21,635,000 | 29,221,000 |
| Interest expense | 560,000 | 1,131,000 | 1,766,000 | 2,428,000 |
| Net interest income | 6,521,000 | 13,174,000 | 19,869,000 | 26,793,000 |
| Noninterest income | 1,777,000 | 3,950,000 | 6,120,000 | 8,293,000 |
| Noninterest expense | 6,445,000 | 12,895,000 | 19,354,000 | 28,170,000 |
| Provision for loan losses | 250,000 | 700,000 | 1,100,000 | 1,100,000 |
| Pretax income | 1,617,000 | 3,543,000 | 5,549,000 | 5,830,000 |
| Income tax | 451,000 | 1,026,000 | 1,625,000 | 1,699,000 |
| Net income | 1,166,000 | 2,517,000 | 3,924,000 | 4,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,669,000 | 75,993,000 | 77,948,000 | 75,568,000 |
| Total capital | 80,943,000 | 82,402,000 | 84,493,000 | 82,670,000 |
| Risk-weighted assets | 500,152,000 | 510,942,000 | 522,350,000 | 567,429,000 |