Call reports 2016
FIRST SOUTHERN STATE BANK — 2016
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 374,330,000 | 374,960,000 | 377,404,000 | 390,341,000 |
| Total loans | 172,862,000 | 181,654,000 | 183,147,000 | 188,571,000 |
| Allowance for loan losses | 2,637,000 | 2,675,000 | 2,570,000 | 2,473,000 |
| Securities available for sale | 158,975,000 | 154,800,000 | 144,751,000 | 142,877,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,764,000 | 332,047,000 | 333,773,000 | 351,926,000 |
| Interest-bearing deposits | 305,253,000 | 304,733,000 | 304,383,000 | 321,857,000 |
| Noninterest-bearing deposits | 27,511,000 | 27,314,000 | 29,390,000 | 30,069,000 |
| Equity capital | 37,061,000 | 38,315,000 | 38,813,000 | 34,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,435,000 | 6,924,000 | 10,402,000 | 13,929,000 |
| Interest expense | 598,000 | 1,178,000 | 1,762,000 | 2,346,000 |
| Net interest income | 2,837,000 | 5,746,000 | 8,640,000 | 11,583,000 |
| Noninterest income | 513,000 | 1,084,000 | 1,632,000 | 2,183,000 |
| Noninterest expense | 2,096,000 | 4,281,000 | 6,514,000 | 8,758,000 |
| Provision for loan losses | 75,000 | 150,000 | 150,000 | 250,000 |
| Pretax income | 1,180,000 | 2,441,000 | 3,650,000 | 4,800,000 |
| Income tax | 308,000 | 623,000 | 928,000 | 1,178,000 |
| Net income | 872,000 | 1,818,000 | 2,722,000 | 3,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,666,000 | 36,156,000 | 36,606,000 | 36,155,000 |
| Total capital | 38,210,000 | 38,788,000 | 39,176,000 | 38,628,000 |
| Risk-weighted assets | 203,437,000 | 210,531,000 | 211,686,000 | 221,171,000 |