Call reports 2024
FIRST SOUTHERN NATIONAL BANK — 2024
What FIRST SOUTHERN NATIONAL 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 | 1,210,004,000 | 1,214,956,000 | 1,198,390,000 | 1,213,054,000 |
| Total loans | 786,659,000 | 766,168,000 | 757,352,000 | 768,627,000 |
| Allowance for loan losses | 11,213,000 | 11,209,000 | 11,300,000 | 11,218,000 |
| Securities available for sale | 290,595,000 | 301,949,000 | 313,929,000 | 290,343,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,093,560,000 | 1,093,755,000 | 1,070,146,000 | 1,085,539,000 |
| Interest-bearing deposits | 839,442,000 | 852,823,000 | 835,133,000 | 842,999,000 |
| Noninterest-bearing deposits | 254,118,000 | 240,932,000 | 235,013,000 | 242,540,000 |
| Equity capital | 104,746,000 | 108,272,000 | 116,611,000 | 115,866,000 |
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 | 13,916,000 | 28,620,000 | 43,345,000 | 58,315,000 |
| Interest expense | 2,901,000 | 6,217,000 | 9,649,000 | 12,788,000 |
| Net interest income | 11,015,000 | 22,403,000 | 33,696,000 | 45,527,000 |
| Noninterest income | 1,631,000 | 3,672,000 | 5,412,000 | 7,151,000 |
| Noninterest expense | 8,769,000 | 17,679,000 | 26,540,000 | 35,950,000 |
| Provision for loan losses | 280,000 | 376,000 | 520,000 | 562,000 |
| Pretax income | 4,292,000 | 10,589,000 | 15,702,000 | 18,732,000 |
| Income tax | 1,074,000 | 2,641,000 | 3,921,000 | 4,666,000 |
| Net income | 3,218,000 | 7,948,000 | 11,781,000 | 14,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,305,000 | 106,035,000 | 108,868,000 | 110,153,000 |
| Total capital | 112,446,000 | 115,052,000 | 117,822,000 | 119,213,000 |
| Risk-weighted assets | 728,376,000 | 718,322,000 | 713,130,000 | 721,746,000 |