Call reports 2011
FIRST SOUTH BANK — 2011
What FIRST SOUTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 451,861,000 | 426,385,000 | 400,033,000 | 376,223,000 |
| Total loans | 275,606,000 | 263,474,000 | 257,803,000 | 258,180,000 |
| Allowance for loan losses | 5,474,000 | 4,921,000 | 5,071,000 | 8,410,000 |
| Securities available for sale | 98,758,000 | 93,204,000 | 79,772,000 | 73,022,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 408,569,000 | 387,234,000 | 363,313,000 | 346,831,000 |
| Interest-bearing deposits | 390,916,000 | 370,372,000 | 348,846,000 | 334,807,000 |
| Noninterest-bearing deposits | 17,653,000 | 16,862,000 | 14,467,000 | 12,024,000 |
| Equity capital | 25,686,000 | 21,355,000 | 20,165,000 | 12,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,175,000 | 8,191,000 | 12,048,000 | 15,827,000 |
| Interest expense | 1,787,000 | 3,421,000 | 4,943,000 | 6,300,000 |
| Net interest income | 2,388,000 | 4,770,000 | 7,105,000 | 9,527,000 |
| Noninterest income | -173,000 | -396,000 | -1,936,000 | -3,649,000 |
| Noninterest expense | 2,931,000 | 6,079,000 | 9,292,000 | 12,607,000 |
| Provision for loan losses | 840,000 | 1,395,000 | 1,849,000 | 6,491,000 |
| Pretax income | -1,556,000 | -3,083,000 | -5,891,000 | -13,037,000 |
| Income tax | 0 | 4,132,000 | 4,132,000 | 4,132,000 |
| Net income | -1,556,000 | -7,215,000 | -8,775,000 | -15,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,823,000 | 21,297,000 | 19,738,000 | 12,589,000 |
| Total capital | 27,154,000 | 25,396,000 | 23,645,000 | 16,412,000 |
| Risk-weighted assets | 345,313,000 | 327,367,000 | 311,682,000 | 301,230,000 |