Call reports 2013
FIRST SOUTH BANK — 2013
What FIRST SOUTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 299,903,000 | 301,119,000 | 294,853,000 | 291,317,000 |
| Total loans | 195,358,000 | 183,074,000 | 168,842,000 | 163,200,000 |
| Allowance for loan losses | 6,218,000 | 5,802,000 | 5,093,000 | 5,069,000 |
| Securities available for sale | 46,627,000 | 58,357,000 | 67,315,000 | 65,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,932,000 | 281,732,000 | 276,649,000 | 272,148,000 |
| Interest-bearing deposits | 267,030,000 | 270,571,000 | 266,761,000 | 260,405,000 |
| Noninterest-bearing deposits | 9,902,000 | 11,161,000 | 9,888,000 | 11,743,000 |
| Equity capital | 7,114,000 | 3,499,000 | 2,220,000 | 3,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,828,000 | 5,816,000 | 8,537,000 | 11,308,000 |
| Interest expense | 708,000 | 1,394,000 | 2,086,000 | 2,754,000 |
| Net interest income | 2,120,000 | 4,422,000 | 6,451,000 | 8,554,000 |
| Noninterest income | 119,000 | 142,000 | 402,000 | 2,239,000 |
| Noninterest expense | 2,550,000 | 4,894,000 | 7,506,000 | 10,107,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -210,000 | -199,000 | -495,000 | 900,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -210,000 | -199,000 | -495,000 | 900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,478,000 | 7,488,000 | 7,190,000 | 9,176,000 |
| Total capital | 10,659,000 | 10,531,000 | 10,067,000 | 11,970,000 |
| Risk-weighted assets | 251,433,000 | 240,712,000 | 227,908,000 | 221,278,000 |