Call reports 2018
FIRST SOUTH BANK — 2018
What FIRST SOUTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 229,202,000 | 229,369,000 | 236,801,000 | 238,189,000 |
| Total loans | 163,158,000 | 173,745,000 | 172,951,000 | 180,872,000 |
| Allowance for loan losses | 2,203,000 | 2,272,000 | 2,302,000 | 2,290,000 |
| Securities available for sale | 26,468,000 | 25,984,000 | 25,465,000 | 25,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,350,000 | 189,184,000 | 199,896,000 | 210,855,000 |
| Interest-bearing deposits | 176,310,000 | 174,047,000 | 182,842,000 | 194,779,000 |
| Noninterest-bearing deposits | 15,040,000 | 15,137,000 | 17,054,000 | 16,076,000 |
| Equity capital | 21,234,000 | 23,491,000 | 24,159,000 | 25,505,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,348,000 | 4,751,000 | 7,379,000 | 10,646,000 |
| Interest expense | 424,000 | 886,000 | 1,442,000 | 2,111,000 |
| Net interest income | 1,924,000 | 3,865,000 | 5,937,000 | 8,535,000 |
| Noninterest income | 189,000 | 460,000 | 573,000 | 769,000 |
| Noninterest expense | 1,700,000 | 3,409,000 | 4,983,000 | 6,698,000 |
| Provision for loan losses | 0 | 0 | 0 | -43,000 |
| Pretax income | 413,000 | 916,000 | 1,527,000 | 2,649,000 |
| Income tax | -66,000 | -1,940,000 | -1,837,000 | -1,778,000 |
| Net income | 479,000 | 2,856,000 | 3,364,000 | 4,427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,216,000 | 22,696,000 | 23,204,000 | 24,267,000 |
| Total capital | 24,419,000 | 24,968,000 | 25,506,000 | 26,557,000 |
| Risk-weighted assets | 184,349,000 | 192,982,000 | 191,545,000 | 196,956,000 |