Call reports 2001
FIRST SOUTH BANK — 2001
What FIRST SOUTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 117,755,000 | 128,643,000 | 134,382,000 | 146,905,000 |
| Total loans | 89,475,000 | 104,779,000 | 111,166,000 | 126,166,000 |
| Allowance for loan losses | 1,110,000 | 1,260,000 | 1,340,000 | 1,450,000 |
| Securities available for sale | 13,226,000 | 11,274,000 | 11,370,000 | 8,301,000 |
| Securities held to maturity | 3,349,000 | 3,349,000 | 1,350,000 | 1,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,515,000 | 99,708,000 | 102,791,000 | 117,646,000 |
| Interest-bearing deposits | 85,192,000 | 90,676,000 | 93,968,000 | 107,553,000 |
| Noninterest-bearing deposits | 6,323,000 | 9,032,000 | 8,823,000 | 10,093,000 |
| Equity capital | 12,197,000 | 12,431,000 | 12,714,000 | 12,909,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,454,000 | 4,931,000 | 7,307,000 | 9,668,000 |
| Interest expense | 1,355,000 | 2,684,000 | 3,952,000 | 5,135,000 |
| Net interest income | 1,099,000 | 2,247,000 | 3,355,000 | 4,533,000 |
| Noninterest income | 86,000 | 189,000 | 306,000 | 355,000 |
| Noninterest expense | 793,000 | 1,576,000 | 2,361,000 | 3,122,000 |
| Provision for loan losses | 55,000 | 206,000 | 311,000 | 446,000 |
| Pretax income | 337,000 | 654,000 | 989,000 | 1,320,000 |
| Income tax | 97,000 | 209,000 | 321,000 | 414,000 |
| Net income | 240,000 | 445,000 | 668,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,133,000 | 12,338,000 | 12,561,000 | 12,799,000 |
| Total capital | 13,243,000 | 13,598,000 | 13,901,000 | 14,249,000 |
| Risk-weighted assets | 92,702,000 | 106,000,000 | 111,147,000 | 125,201,000 |