Call reports 2005
FIRST SOUTH BANK — 2005
What FIRST SOUTH BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 312,735,000 | 309,202,000 | 312,125,000 | 325,232,000 |
| Total loans | 260,046,000 | 253,471,000 | 258,412,000 | 268,532,000 |
| Allowance for loan losses | 3,150,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Securities available for sale | 17,373,000 | 22,395,000 | 22,291,000 | 22,097,000 |
| Securities held to maturity | 2,772,000 | 2,560,000 | 1,397,000 | 7,264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,235,000 | 258,348,000 | 262,878,000 | 267,050,000 |
| Interest-bearing deposits | 245,339,000 | 240,957,000 | 242,490,000 | 251,905,000 |
| Noninterest-bearing deposits | 16,896,000 | 17,391,000 | 20,388,000 | 15,145,000 |
| Equity capital | 27,104,000 | 27,144,000 | 28,367,000 | 29,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,675,000 | 9,669,000 | 14,986,000 | 20,810,000 |
| Interest expense | 1,730,000 | 3,673,000 | 5,742,000 | 8,141,000 |
| Net interest income | 2,945,000 | 5,996,000 | 9,244,000 | 12,669,000 |
| Noninterest income | 209,000 | 430,000 | 602,000 | 907,000 |
| Noninterest expense | 1,497,000 | 2,992,000 | 4,490,000 | 6,004,000 |
| Provision for loan losses | 287,000 | 423,000 | 418,000 | 561,000 |
| Pretax income | 1,378,000 | 3,019,000 | 4,946,000 | 7,019,000 |
| Income tax | 499,000 | 472,000 | 1,781,000 | 2,554,000 |
| Net income | 879,000 | 870,000 | 2,120,000 | 3,420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,219,000 | 27,210,000 | 28,461,000 | 29,760,000 |
| Total capital | 35,269,000 | 35,110,000 | 36,361,000 | 37,660,000 |
| Risk-weighted assets | 258,105,000 | 257,905,000 | 256,168,000 | 269,383,000 |