Call reports 2023
FIRST SOUTHERN NATIONAL BANK — 2023
What FIRST SOUTHERN NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,225,247,000 | 1,204,166,000 | 1,220,116,000 | 1,194,312,000 |
| Total loans | 762,016,000 | 780,310,000 | 782,101,000 | 794,725,000 |
| Allowance for loan losses | 10,838,000 | 10,976,000 | 11,109,000 | 10,960,000 |
| Securities available for sale | 307,216,000 | 291,769,000 | 278,482,000 | 275,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,114,749,000 | 1,095,298,000 | 1,113,313,000 | 1,079,025,000 |
| Interest-bearing deposits | 789,929,000 | 801,800,000 | 856,048,000 | 837,108,000 |
| Noninterest-bearing deposits | 324,820,000 | 293,498,000 | 257,265,000 | 241,917,000 |
| Equity capital | 99,306,000 | 98,112,000 | 95,276,000 | 103,198,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 11,522,000 | 24,026,000 | 37,308,000 | 51,160,000 |
| Interest expense | 621,000 | 1,899,000 | 4,142,000 | 6,966,000 |
| Net interest income | 10,901,000 | 22,127,000 | 33,166,000 | 44,194,000 |
| Noninterest income | 1,617,000 | 3,599,000 | 5,276,000 | 6,916,000 |
| Noninterest expense | 8,747,000 | 17,887,000 | 26,834,000 | 35,913,000 |
| Provision for loan losses | 30,000 | 220,000 | 449,000 | 581,000 |
| Pretax income | 3,885,000 | 7,008,000 | 10,304,000 | 14,589,000 |
| Income tax | 949,000 | 1,723,000 | 2,546,000 | 3,610,000 |
| Net income | 2,936,000 | 5,285,000 | 7,758,000 | 10,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,543,000 | 100,893,000 | 98,866,000 | 101,087,000 |
| Total capital | 108,600,000 | 110,066,000 | 108,021,000 | 110,393,000 |
| Risk-weighted assets | 721,843,000 | 731,001,000 | 729,514,000 | 741,889,000 |