Call reports 2024
FIRST SOUTHERN BANK — 2024
What FIRST SOUTHERN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 252,464,000 | 257,545,000 | 255,263,000 | 269,856,000 |
| Total loans | 142,839,000 | 148,200,000 | 147,009,000 | 149,772,000 |
| Allowance for loan losses | 2,126,000 | 2,138,000 | 2,106,000 | 2,095,000 |
| Securities available for sale | 78,948,000 | 78,152,000 | 84,288,000 | 78,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,460,000 | 232,659,000 | 227,894,000 | 243,512,000 |
| Interest-bearing deposits | 166,717,000 | 164,930,000 | 168,495,000 | 171,417,000 |
| Noninterest-bearing deposits | 61,743,000 | 67,729,000 | 59,399,000 | 72,095,000 |
| Equity capital | 23,443,000 | 24,011,000 | 26,568,000 | 25,507,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,148,000 | 6,367,000 | 9,725,000 | 13,038,000 |
| Interest expense | 437,000 | 911,000 | 1,442,000 | 1,961,000 |
| Net interest income | 2,711,000 | 5,456,000 | 8,283,000 | 11,077,000 |
| Noninterest income | 500,000 | 989,000 | 1,606,000 | 2,433,000 |
| Noninterest expense | 2,217,000 | 4,399,000 | 6,615,000 | 8,913,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 994,000 | 2,046,000 | 3,274,000 | 4,597,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 994,000 | 2,046,000 | 3,274,000 | 4,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,423,000 | 28,875,000 | 29,503,000 | 30,076,000 |