Call reports 2006
FIRST SOUTH BANK — 2006
What FIRST SOUTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 353,035,000 | 345,848,000 | 347,662,000 | 353,252,000 |
| Total loans | 288,342,000 | 296,083,000 | 287,275,000 | 296,465,000 |
| Allowance for loan losses | 3,325,000 | 3,350,000 | 3,290,000 | 3,275,000 |
| Securities available for sale | 24,482,000 | 23,276,000 | 24,522,000 | 22,553,000 |
| Securities held to maturity | 7,148,000 | 10,033,000 | 9,955,000 | 9,902,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 299,643,000 | 288,755,000 | 303,950,000 | 309,838,000 |
| Interest-bearing deposits | 282,644,000 | 273,121,000 | 287,027,000 | 292,044,000 |
| Noninterest-bearing deposits | 16,999,000 | 15,634,000 | 16,923,000 | 17,794,000 |
| Equity capital | 30,763,000 | 31,959,000 | 33,350,000 | 34,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 6,609,000 | 13,523,000 | 20,604,000 | 27,784,000 |
| Interest expense | 2,794,000 | 6,004,000 | 9,494,000 | 12,731,000 |
| Net interest income | 3,815,000 | 7,519,000 | 11,110,000 | 15,053,000 |
| Noninterest income | 164,000 | 710,000 | 984,000 | 1,144,000 |
| Noninterest expense | 1,760,000 | 3,759,000 | 5,696,000 | 8,039,000 |
| Provision for loan losses | 315,000 | 542,000 | 571,000 | 950,000 |
| Pretax income | 1,904,000 | 3,928,000 | 5,827,000 | 7,208,000 |
| Income tax | 686,000 | 1,414,000 | 2,096,000 | 2,607,000 |
| Net income | 1,218,000 | 2,514,000 | 3,731,000 | 4,601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,978,000 | 32,274,000 | 33,491,000 | 34,361,000 |
| Total capital | 39,203,000 | 40,524,000 | 41,681,000 | 37,636,000 |
| Risk-weighted assets | 291,454,000 | 299,077,000 | 293,521,000 | 299,126,000 |