Call reports 2014
FIRST SOUTHERN STATE BANK — 2014
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 355,886,000 | 356,464,000 | 351,771,000 | 365,682,000 |
| Total loans | 170,777,000 | 170,986,000 | 173,064,000 | 172,661,000 |
| Allowance for loan losses | 2,653,000 | 2,621,000 | 2,571,000 | 2,669,000 |
| Securities available for sale | 135,989,000 | 148,180,000 | 142,840,000 | 137,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 318,752,000 | 318,207,000 | 313,114,000 | 328,140,000 |
| Interest-bearing deposits | 292,606,000 | 292,181,000 | 287,950,000 | 300,310,000 |
| Noninterest-bearing deposits | 26,146,000 | 26,026,000 | 25,164,000 | 27,830,000 |
| Equity capital | 33,762,000 | 34,929,000 | 35,163,000 | 33,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,365,000 | 6,808,000 | 10,265,000 | 13,693,000 |
| Interest expense | 596,000 | 1,200,000 | 1,807,000 | 2,425,000 |
| Net interest income | 2,769,000 | 5,608,000 | 8,458,000 | 11,268,000 |
| Noninterest income | 471,000 | 1,005,000 | 1,456,000 | 1,940,000 |
| Noninterest expense | 2,055,000 | 4,027,000 | 6,015,000 | 7,963,000 |
| Provision for loan losses | 0 | 0 | 0 | 205,000 |
| Pretax income | 1,186,000 | 2,587,000 | 3,901,000 | 5,045,000 |
| Income tax | 356,000 | 785,000 | 1,142,000 | 1,432,000 |
| Net income | 830,000 | 1,802,000 | 2,759,000 | 3,613,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,590,000 | 34,631,000 | 34,829,000 | 32,724,000 |
| Total capital | 37,203,000 | 37,252,000 | 37,400,000 | 35,150,000 |
| Risk-weighted assets | 213,174,000 | 217,100,000 | 219,687,000 | 211,658,000 |