Call reports 2008
FIRST SOUTHERN NATIONAL BANK — 2008
What FIRST SOUTHERN NATIONAL BANK 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 | 736,999,000 | 738,364,000 | 722,378,000 | 729,128,000 |
| Total loans | 458,637,000 | 479,969,000 | 489,448,000 | 481,356,000 |
| Allowance for loan losses | 6,364,000 | 6,519,000 | 6,443,000 | 7,353,000 |
| Securities available for sale | 212,451,000 | 196,316,000 | 173,413,000 | 171,114,000 |
| Securities held to maturity | 75,000 | 69,000 | 63,000 | 60,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 640,886,000 | 642,045,000 | 617,344,000 | 616,407,000 |
| Interest-bearing deposits | 530,127,000 | 529,246,000 | 510,986,000 | 507,614,000 |
| Noninterest-bearing deposits | 110,759,000 | 112,799,000 | 106,358,000 | 108,793,000 |
| Equity capital | 66,942,000 | 65,344,000 | 67,735,000 | 68,909,000 |
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 | 11,269,000 | 22,113,000 | 32,584,000 | 41,681,000 |
| Interest expense | 4,527,000 | 8,654,000 | 12,345,000 | 15,575,000 |
| Net interest income | 6,742,000 | 13,459,000 | 20,239,000 | 26,106,000 |
| Noninterest income | 1,165,000 | 2,454,000 | 3,730,000 | 4,856,000 |
| Noninterest expense | 5,414,000 | 11,464,000 | 17,059,000 | 22,353,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,500,000 |
| Pretax income | 2,493,000 | 4,526,000 | 6,896,000 | 3,904,000 |
| Income tax | 734,000 | 1,307,000 | 1,996,000 | 861,000 |
| Net income | 1,759,000 | 3,219,000 | 4,900,000 | 3,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,262,000 | 48,722,000 | 50,403,000 | 48,991,000 |
| Total capital | 53,557,000 | 55,237,000 | 56,846,000 | 55,229,000 |
| Risk-weighted assets | 503,598,000 | 521,175,000 | 518,849,000 | 497,948,000 |