Vitals
  • Total Assets
    990.4M 4.7 %
  • Total Deposits
    872.5M 7.5 %
  • Total Net Loans
    697.1M 15.6 %
  • Net Income
    7.4M 46.1 %
  • Book Value
    96.2M 4.7 %
  • Book Value x2
    192.3M 4.7 %
  • Book Value x3
    288.5M 4.7 %
ROAA

.775

ROAE

7.819

Efficiency Ratio

74.501

Net Interest Margin

3.89

Balance Sheet Highlights
Financial Highlights First South Bank All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 990,406 1,412,230
Total Net Loans 697,068 1,020,122
Total Deposits 872,504 1,134,979
Total Equity 96,165 173,608
Profitability
Net Income 7,449 10,887
Return on Average Assets .775 .777
Return on Average Equity 7.819 6.782
Net Interest Margin 3.89 3.73
Efficiency Ratio 74.501 75.532
Noninterest Income/Revenue 26.338 18.66
Balance Sheet Ratios
Loan-to-Deposit 79.893 86.082
Securities/Assets .194 .132
Total Equity/Total Assets .097 .123
Tangible Equity/Tangible Assets .089 .104
Capital Adequacy
Tier 1 Common Capital 87,517 139,754
Tier 1 Capital 87,517 140,214
Tier 2 Capital 8,985 8,389
Total Capital 96,502 148,590
Total Risk Weighted Assets 741,775 1,125,721
Leverage Ratio 8.89 10.209
Common Equity Tier 1 Capital Ratio 11.8 13.055
Tier 1 Capital Ratio 11.8 13.195
Total Capital Ratio 13.01 14.232

Timeline for First South Bank

First South Investments, Inc.

First South Investments, Inc. became a new subsidiary organization for First South Bank.

View Profile Sep 01 2015

Dtfs, Inc.

Dtfs, Inc. became a new subsidiary organization for First South Bank.

View Profile Nov 15 2012

First South Leasing, Llc

First South Leasing, Llc became a new subsidiary organization for First South Bank.

View Profile Sep 14 2001

Home Federal Savings And Loan Association

Acquisition: First South Bank acquired a new subsidiary, Home Federal Savings And Loan Association, 24 years

View Profile Dec 01 1999

First South Bancorp, Inc.

First South Bancorp, Inc. became a new parent organization for First South Bank.

View Profile Apr 08 1997

Want to see more?

Complete timeline for First South Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Home Federal Savings And Loan Association Seller 147,061 Acquisition Discontinued 12/1/1999
Relationships Role Relationship Start Relationship End
First South Bancorp, Inc. Parent 4/8/1997
First South Leasing, Llc Subsidary 9/14/2001
Dtfs, Inc. Subsidary 11/15/2012
First South Investments, Inc. Subsidary 9/1/2015 9/22/2016
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