Call reports 2004
FIRST SOUTH BANK — 2004
What FIRST SOUTH BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 258,252,000 | 283,317,000 | 286,808,000 | 296,887,000 |
| Total loans | 232,078,000 | 237,009,000 | 246,554,000 | 254,749,000 |
| Allowance for loan losses | 2,605,000 | 2,610,000 | 2,800,000 | 2,900,000 |
| Securities available for sale | 8,696,000 | 14,546,000 | 16,678,000 | 17,552,000 |
| Securities held to maturity | 3,816,000 | 3,662,000 | 3,526,000 | 3,358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,647,000 | 235,802,000 | 236,911,000 | 248,416,000 |
| Interest-bearing deposits | 198,753,000 | 212,583,000 | 218,209,000 | 229,242,000 |
| Noninterest-bearing deposits | 21,894,000 | 23,219,000 | 18,702,000 | 19,174,000 |
| Equity capital | 17,131,000 | 24,835,000 | 25,682,000 | 26,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,535,000 | 7,120,000 | 11,008,000 | 15,311,000 |
| Interest expense | 1,132,000 | 2,301,000 | 3,646,000 | 5,208,000 |
| Net interest income | 2,403,000 | 4,819,000 | 7,362,000 | 10,103,000 |
| Noninterest income | 213,000 | 556,000 | 927,000 | 1,188,000 |
| Noninterest expense | 1,406,000 | 2,881,000 | 4,419,000 | 5,911,000 |
| Provision for loan losses | 13,000 | 53,000 | 301,000 | 705,000 |
| Pretax income | 1,197,000 | 2,441,000 | 3,569,000 | 4,675,000 |
| Income tax | 432,000 | 879,000 | 1,252,000 | 1,656,000 |
| Net income | 765,000 | 1,562,000 | 2,317,000 | 3,019,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,085,000 | 24,883,000 | 25,638,000 | 26,340,000 |
| Total capital | 24,590,000 | 32,393,000 | 33,338,000 | 34,140,000 |
| Risk-weighted assets | 226,107,000 | 235,217,000 | 241,474,000 | 247,996,000 |