Call reports 2017
FIRST SOUTH BANK — 2017
What FIRST SOUTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Total assets | 1,038,562,000 | 1,060,145,000 | 1,072,851,000 |
| Total loans | 729,650,000 | 783,037,000 | 784,528,000 |
| Allowance for loan losses | 8,941,000 | 9,367,000 | 9,562,000 |
| Securities available for sale | 194,539,000 | 195,401,000 | 190,573,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 921,262,000 | 932,752,000 | 948,065,000 |
| Interest-bearing deposits | 859,182,000 | 869,988,000 | 889,062,000 |
| Noninterest-bearing deposits | 62,080,000 | 62,764,000 | 59,003,000 |
| Equity capital | 98,377,000 | 100,501,000 | 103,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Interest income | 9,618,000 | 19,730,000 | 30,424,000 |
| Interest expense | 816,000 | 1,706,000 | 2,619,000 |
| Net interest income | 8,802,000 | 18,024,000 | 27,805,000 |
| Noninterest income | 3,193,000 | 6,639,000 | 10,034,000 |
| Noninterest expense | 8,878,000 | 17,906,000 | 26,442,000 |
| Provision for loan losses | 265,000 | 750,000 | 850,000 |
| Pretax income | 2,852,000 | 6,007,000 | 10,547,000 |
| Income tax | 847,000 | 1,801,000 | 3,272,000 |
| Net income | 2,005,000 | 4,206,000 | 7,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Tier 1 capital | 89,425,000 | 91,444,000 | 94,535,000 |
| Total capital | 98,677,000 | 101,095,000 | 104,381,000 |
| Risk-weighted assets | 771,464,000 | 804,179,000 | 806,240,000 |