Call reports 2009
FIRST SOUTH BANK — 2009
What FIRST SOUTH BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 467,590,000 | 446,027,000 | 453,701,000 | 468,482,000 |
| Total loans | 392,965,000 | 378,539,000 | 369,347,000 | 345,532,000 |
| Allowance for loan losses | 4,725,000 | 5,900,000 | 8,500,000 | 9,500,000 |
| Securities available for sale | 39,936,000 | 33,158,000 | 38,372,000 | 60,619,000 |
| Securities held to maturity | 1,638,000 | 635,000 | 978,000 | 615,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 389,817,000 | 384,305,000 | 393,230,000 | 416,610,000 |
| Interest-bearing deposits | 370,429,000 | 366,020,000 | 374,251,000 | 400,792,000 |
| Noninterest-bearing deposits | 19,388,000 | 18,286,000 | 18,979,000 | 15,818,000 |
| Equity capital | 40,580,000 | 39,597,000 | 38,499,000 | 30,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 5,810,000 | 11,815,000 | 17,425,000 | 22,678,000 |
| Interest expense | 2,678,000 | 5,151,000 | 7,471,000 | 9,664,000 |
| Net interest income | 3,132,000 | 6,664,000 | 9,954,000 | 13,014,000 |
| Noninterest income | 251,000 | 553,000 | 829,000 | -50,000 |
| Noninterest expense | 2,316,000 | 4,816,000 | 7,247,000 | 10,263,000 |
| Provision for loan losses | 719,000 | 3,011,000 | 6,265,000 | 19,944,000 |
| Pretax income | 348,000 | 230,000 | -1,889,000 | -16,342,000 |
| Income tax | 88,000 | 8,000 | -741,000 | -5,575,000 |
| Net income | 260,000 | 222,000 | -1,148,000 | -10,767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,033,000 | 39,996,000 | 38,626,000 | 30,507,000 |
| Total capital | 49,658,000 | 49,802,000 | 48,461,000 | 35,355,000 |
| Risk-weighted assets | 398,216,000 | 391,467,000 | 391,827,000 | 383,182,000 |