Call reports 2017
FIRST SOUTH BANK — 2017
What FIRST SOUTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 234,190,000 | 239,676,000 | 237,714,000 | 237,728,000 |
| Total loans | 165,687,000 | 159,301,000 | 159,248,000 | 163,456,000 |
| Allowance for loan losses | 2,003,000 | 1,998,000 | 2,140,000 | 2,167,000 |
| Securities available for sale | 28,470,000 | 28,566,000 | 28,111,000 | 27,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,323,000 | 202,155,000 | 199,816,000 | 199,914,000 |
| Interest-bearing deposits | 199,191,000 | 187,482,000 | 184,518,000 | 185,724,000 |
| Noninterest-bearing deposits | 10,132,000 | 14,673,000 | 15,298,000 | 14,190,000 |
| Equity capital | 8,685,000 | 21,009,000 | 21,306,000 | 21,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,110,000 | 4,210,000 | 6,581,000 | 8,861,000 |
| Interest expense | 526,000 | 936,000 | 1,340,000 | 1,764,000 |
| Net interest income | 1,584,000 | 3,274,000 | 5,241,000 | 7,097,000 |
| Noninterest income | 111,000 | -918,000 | -795,000 | -694,000 |
| Noninterest expense | 1,738,000 | 3,997,000 | 5,656,000 | 7,452,000 |
| Provision for loan losses | 0 | 0 | 0 | -100,000 |
| Pretax income | -43,000 | -1,641,000 | -1,210,000 | -949,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -43,000 | -1,641,000 | -1,210,000 | -949,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,145,000 | 21,049,000 | 21,479,000 | 21,740,000 |
| Total capital | 11,148,000 | 23,047,000 | 23,619,000 | 23,907,000 |
| Risk-weighted assets | 187,288,000 | 177,296,000 | 182,622,000 | 183,631,000 |