Call reports 2014
FIRST SOUTH BANK — 2014
What FIRST SOUTH BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 289,354,000 | 296,923,000 | 259,649,000 | 253,407,000 |
| Total loans | 166,989,000 | 165,753,000 | 150,830,000 | 144,221,000 |
| Allowance for loan losses | 5,091,000 | 5,137,000 | 5,034,000 | 4,409,000 |
| Securities available for sale | 63,289,000 | 62,371,000 | 59,757,000 | 61,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,869,000 | 274,011,000 | 233,122,000 | 229,258,000 |
| Interest-bearing deposits | 257,045,000 | 262,991,000 | 223,553,000 | 217,872,000 |
| Noninterest-bearing deposits | 10,824,000 | 11,020,000 | 9,569,000 | 11,386,000 |
| Equity capital | 5,571,000 | 6,935,000 | 8,157,000 | 8,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,624,000 | 5,213,000 | 7,584,000 | 9,805,000 |
| Interest expense | 600,000 | 1,171,000 | 1,734,000 | 2,222,000 |
| Net interest income | 2,024,000 | 4,042,000 | 5,850,000 | 7,583,000 |
| Noninterest income | 38,000 | 2,000 | 791,000 | -109,000 |
| Noninterest expense | 2,269,000 | 4,415,000 | 6,341,000 | 8,709,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -99,000 | -211,000 | 513,000 | -995,000 |
| Income tax | 20,000 | 20,000 | 20,000 | 20,000 |
| Net income | -119,000 | -231,000 | 493,000 | -1,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,967,000 | 9,856,000 | 10,581,000 | 9,072,000 |
| Total capital | 12,827,000 | 12,639,000 | 13,164,000 | 11,555,000 |
| Risk-weighted assets | 226,531,000 | 220,277,000 | 204,310,000 | 196,757,000 |