Call reports 2015
FIRST SOUTH BANK — 2015
What FIRST SOUTH BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 878,933,000 | 899,025,000 | 912,863,000 | 945,698,000 |
| Total loans | 496,623,000 | 549,807,000 | 571,333,000 | 610,958,000 |
| Allowance for loan losses | 7,203,000 | 7,364,000 | 7,570,000 | 7,867,000 |
| Securities available for sale | 272,483,000 | 260,120,000 | 248,352,000 | 248,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 784,780,000 | 773,991,000 | 784,550,000 | 811,956,000 |
| Interest-bearing deposits | 733,477,000 | 723,007,000 | 735,501,000 | 756,437,000 |
| Noninterest-bearing deposits | 51,303,000 | 50,984,000 | 49,049,000 | 55,519,000 |
| Equity capital | 90,910,000 | 89,604,000 | 91,264,000 | 91,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 7,799,000 | 15,704,000 | 23,932,000 | 32,520,000 |
| Interest expense | 570,000 | 1,139,000 | 1,792,000 | 2,493,000 |
| Net interest income | 7,229,000 | 14,565,000 | 22,140,000 | 30,027,000 |
| Noninterest income | 2,835,000 | 6,183,000 | 9,375,000 | 12,568,000 |
| Noninterest expense | 9,178,000 | 18,125,000 | 27,053,000 | 36,062,000 |
| Provision for loan losses | 0 | 140,000 | 475,000 | 800,000 |
| Pretax income | 1,137,000 | 2,935,000 | 4,942,000 | 7,151,000 |
| Income tax | 309,000 | 849,000 | 1,514,000 | 2,052,000 |
| Net income | 828,000 | 2,086,000 | 3,428,000 | 5,099,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,110,000 | 76,064,000 | 77,298,000 | 79,871,000 |
| Total capital | 85,099,000 | 83,642,000 | 85,084,000 | 88,074,000 |
| Risk-weighted assets | 558,652,000 | 602,548,000 | 619,528,000 | 662,530,000 |