Call reports 2016
FIRST SOUTH BANK — 2016
What FIRST SOUTH BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 939,009,000 | 960,344,000 | 984,713,000 | 990,406,000 |
| Total loans | 641,535,000 | 674,095,000 | 689,779,000 | 705,741,000 |
| Allowance for loan losses | 8,135,000 | 8,338,000 | 8,498,000 | 8,673,000 |
| Securities available for sale | 213,011,000 | 199,855,000 | 193,256,000 | 192,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 819,359,000 | 826,447,000 | 861,501,000 | 872,504,000 |
| Interest-bearing deposits | 767,593,000 | 773,220,000 | 806,615,000 | 814,937,000 |
| Noninterest-bearing deposits | 51,766,000 | 53,227,000 | 54,886,000 | 57,567,000 |
| Equity capital | 93,784,000 | 96,884,000 | 97,668,000 | 96,165,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,695,000 | 17,719,000 | 26,952,000 | 36,311,000 |
| Interest expense | 742,000 | 1,498,000 | 2,282,000 | 3,077,000 |
| Net interest income | 7,953,000 | 16,221,000 | 24,670,000 | 33,234,000 |
| Noninterest income | 3,204,000 | 6,477,000 | 10,075,000 | 13,323,000 |
| Noninterest expense | 9,018,000 | 17,930,000 | 26,741,000 | 35,393,000 |
| Provision for loan losses | 225,000 | 550,000 | 770,000 | 970,000 |
| Pretax income | 2,198,000 | 4,685,000 | 7,701,000 | 10,661,000 |
| Income tax | 629,000 | 1,365,000 | 2,372,000 | 3,212,000 |
| Net income | 1,569,000 | 3,320,000 | 5,329,000 | 7,449,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,189,000 | 83,143,000 | 85,337,000 | 87,517,000 |
| Total capital | 89,620,000 | 91,771,000 | 94,137,000 | 96,502,000 |
| Risk-weighted assets | 684,255,000 | 708,703,000 | 718,629,000 | 741,775,000 |