FIRST SOUTH BANCORP INC /VA/
Financials · State Commercial Banks · VA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $1.5M | $725,000 | $4.1M | $6.0M | −$11.0M | $1.6M |
| Total assets | $990.7M | $946.3M | $885.4M | $674.7M | $707.7M | $746.9M |
| Total liabilities | $903.5M | $864.1M | $805.4M | $599.9M | $633.1M | $662.8M |
| Equity | $87.2M | $82.2M | $80.0M | $74.2M | $74.7M | $84.1M |
| EPS (diluted) | $0.15 | $0.08 | $0.42 | $0.62 | $-1.13 | $0.16 |
| Shares out. | 9.5M | 9.5M | 0 | 9.8M | 9.8M | 9.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- —
- Net margin
- —
- Return on equity
- 1.7%
- Return on assets
- 0.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 91.2%
- Debt / equity
- 10.36×
- Book value / share
- $9.15
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 101.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2016- Accruals / assets
- −1.0%clean
- Piotroski F-Score
- 5/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Change in control · Director / officer changeNov 1, 2017
- Shareholder vote · Other material eventOct 27, 2017
- Results of operationsOct 20, 2017
- Regulation FD disclosureAug 9, 2017
- Results of operationsJul 21, 2017
- Shareholder voteJul 3, 2017
- Entered a material agreement · Other material eventJun 15, 2017
- Regulation FD disclosureJun 2, 2017
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.