Call reports 2024
COMMUNITY BANK OF THE SOUTH — 2024
What COMMUNITY BANK OF THE SOUTH 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 | 243,515,000 | 253,253,000 | 268,843,000 | 265,586,000 |
| Total loans | 72,783,000 | 72,010,000 | 71,876,000 | 73,519,000 |
| Allowance for loan losses | 933,000 | 939,000 | 955,000 | 955,000 |
| Securities available for sale | 78,940,000 | 78,145,000 | 89,777,000 | 84,528,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,124,000 | 232,908,000 | 245,452,000 | 244,132,000 |
| Interest-bearing deposits | 174,947,000 | 176,487,000 | 186,665,000 | 188,208,000 |
| Noninterest-bearing deposits | 49,177,000 | 56,421,000 | 58,787,000 | 55,924,000 |
| Equity capital | 16,200,000 | 17,141,000 | 20,004,000 | 18,243,000 |
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 | 2,622,000 | 5,436,000 | 8,307,000 | 11,338,000 |
| Interest expense | 1,085,000 | 2,135,000 | 3,285,000 | 4,441,000 |
| Net interest income | 1,537,000 | 3,301,000 | 5,022,000 | 6,897,000 |
| Noninterest income | 99,000 | 207,000 | 324,000 | 435,000 |
| Noninterest expense | 1,042,000 | 2,128,000 | 3,234,000 | 4,401,000 |
| Provision for loan losses | -108,000 | -108,000 | -108,000 | -108,000 |
| Pretax income | 594,000 | 1,380,000 | 2,112,000 | 2,931,000 |
| Income tax | 154,000 | 360,000 | 552,000 | 766,000 |
| Net income | 440,000 | 1,020,000 | 1,560,000 | 2,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,842,000 | 23,118,000 | 23,624,000 | 24,230,000 |
| Total capital | 23,883,000 | 24,166,000 | 24,687,000 | 25,293,000 |
| Risk-weighted assets | 98,685,000 | 106,575,000 | 105,476,000 | 110,819,000 |