Call reports 2010
FIRST SOUTH BANK — 2010
What FIRST SOUTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 482,860,000 | 456,057,000 | 478,704,000 | 461,416,000 |
| Total loans | 341,475,000 | 325,565,000 | 312,306,000 | 290,547,000 |
| Allowance for loan losses | 8,748,000 | 8,181,000 | 5,611,000 | 9,500,000 |
| Securities available for sale | 79,137,000 | 78,157,000 | 81,074,000 | 105,724,000 |
| Securities held to maturity | 593,000 | 489,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,485,000 | 402,464,000 | 425,180,000 | 416,975,000 |
| Interest-bearing deposits | 415,077,000 | 386,263,000 | 407,131,000 | 401,032,000 |
| Noninterest-bearing deposits | 15,408,000 | 16,201,000 | 18,049,000 | 15,943,000 |
| Equity capital | 35,490,000 | 36,579,000 | 36,063,000 | 26,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 5,004,000 | 9,961,000 | 14,910,000 | 19,465,000 |
| Interest expense | 2,345,000 | 4,401,000 | 6,399,000 | 8,354,000 |
| Net interest income | 2,659,000 | 5,560,000 | 8,511,000 | 11,111,000 |
| Noninterest income | 29,000 | 255,000 | 469,000 | -2,031,000 |
| Noninterest expense | 2,356,000 | 4,902,000 | 8,101,000 | 11,920,000 |
| Provision for loan losses | 78,000 | 78,000 | 1,238,000 | 7,429,000 |
| Pretax income | 258,000 | 950,000 | 618,000 | -9,291,000 |
| Income tax | 60,000 | 272,000 | 134,000 | -2,441,000 |
| Net income | 198,000 | 678,000 | 484,000 | -6,850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,530,000 | 34,157,000 | 33,471,000 | 24,380,000 |
| Total capital | 38,370,000 | 38,862,000 | 38,051,000 | 28,785,000 |
| Risk-weighted assets | 383,260,000 | 372,800,000 | 365,374,000 | 347,286,000 |