Call reports 2008
PEOPLES BANK OF THE SOUTH — 2008
What PEOPLES BANK OF THE SOUTH reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 138,345,000 | 140,833,000 | 142,889,000 | 143,823,000 |
| Total loans | 116,471,000 | 119,358,000 | 122,951,000 | 123,491,000 |
| Allowance for loan losses | 969,000 | 916,000 | 976,000 | 972,000 |
| Securities available for sale | 13,762,000 | 13,270,000 | 12,772,000 | 12,783,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,235,000 | 115,315,000 | 115,972,000 | 114,669,000 |
| Interest-bearing deposits | 97,020,000 | 96,009,000 | 95,226,000 | 94,740,000 |
| Noninterest-bearing deposits | 19,215,000 | 19,306,000 | 20,746,000 | 19,929,000 |
| Equity capital | 18,457,000 | 18,374,000 | 18,704,000 | 19,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,406,000 | 4,760,000 | 7,093,000 | 9,404,000 |
| Interest expense | 877,000 | 1,695,000 | 2,432,000 | 3,105,000 |
| Net interest income | 1,529,000 | 3,065,000 | 4,661,000 | 6,299,000 |
| Noninterest income | 233,000 | 511,000 | 744,000 | 986,000 |
| Noninterest expense | 1,158,000 | 2,390,000 | 3,605,000 | 4,879,000 |
| Provision for loan losses | 30,000 | 75,000 | 120,000 | 165,000 |
| Pretax income | 574,000 | 1,111,000 | 1,681,000 | 2,242,000 |
| Income tax | 38,000 | 73,000 | 110,000 | 147,000 |
| Net income | 536,000 | 1,038,000 | 1,571,000 | 2,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,101,000 | 18,314,000 | 18,559,000 | 18,796,000 |
| Total capital | 19,070,000 | 19,230,000 | 19,535,000 | 19,768,000 |
| Risk-weighted assets | 107,980,000 | 109,182,000 | 111,525,000 | 111,505,000 |