Call reports 2013
FIRST SOUTHERN STATE BANK — 2013
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 354,895,000 | 352,549,000 | 348,187,000 | 361,931,000 |
| Total loans | 175,550,000 | 175,541,000 | 177,374,000 | 175,022,000 |
| Allowance for loan losses | 3,612,000 | 3,797,000 | 3,296,000 | 2,927,000 |
| Securities available for sale | 126,929,000 | 140,016,000 | 133,924,000 | 130,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,271,000 | 311,464,000 | 305,821,000 | 320,464,000 |
| Interest-bearing deposits | 283,895,000 | 285,287,000 | 281,417,000 | 294,246,000 |
| Noninterest-bearing deposits | 27,376,000 | 26,177,000 | 24,404,000 | 26,218,000 |
| Equity capital | 34,796,000 | 33,016,000 | 33,557,000 | 32,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,347,000 | 6,673,000 | 10,085,000 | 13,578,000 |
| Interest expense | 660,000 | 1,321,000 | 1,980,000 | 2,622,000 |
| Net interest income | 2,687,000 | 5,352,000 | 8,105,000 | 10,956,000 |
| Noninterest income | 451,000 | 923,000 | 1,364,000 | 1,831,000 |
| Noninterest expense | 1,852,000 | 3,714,000 | 5,601,000 | 7,784,000 |
| Provision for loan losses | 75,000 | 75,000 | -925,000 | -925,000 |
| Pretax income | 1,213,000 | 2,517,000 | 4,824,000 | 5,864,000 |
| Income tax | 367,000 | 773,000 | 1,547,000 | 1,859,000 |
| Net income | 846,000 | 1,744,000 | 3,277,000 | 4,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,283,000 | 33,688,000 | 34,761,000 | 34,042,000 |
| Total capital | 35,843,000 | 36,279,000 | 37,369,000 | 36,696,000 |
| Risk-weighted assets | 208,252,000 | 210,420,000 | 210,693,000 | 216,632,000 |