Call reports 2017
FIRST SOUTHERN STATE BANK — 2017
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 385,220,000 | 384,381,000 | 375,454,000 | 380,819,000 |
| Total loans | 194,619,000 | 195,010,000 | 201,481,000 | 204,443,000 |
| Allowance for loan losses | 2,451,000 | 2,516,000 | 2,582,000 | 2,689,000 |
| Securities available for sale | 150,542,000 | 147,841,000 | 133,092,000 | 120,249,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,721,000 | 342,864,000 | 334,301,000 | 340,577,000 |
| Interest-bearing deposits | 316,078,000 | 312,214,000 | 302,397,000 | 304,273,000 |
| Noninterest-bearing deposits | 29,643,000 | 30,650,000 | 31,904,000 | 36,304,000 |
| Equity capital | 35,773,000 | 37,511,000 | 37,068,000 | 36,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,634,000 | 7,377,000 | 11,156,000 | 14,950,000 |
| Interest expense | 575,000 | 1,140,000 | 1,689,000 | 2,228,000 |
| Net interest income | 3,059,000 | 6,237,000 | 9,467,000 | 12,722,000 |
| Noninterest income | 556,000 | 1,109,000 | 1,655,000 | 2,188,000 |
| Noninterest expense | 2,287,000 | 4,326,000 | 6,548,000 | 8,705,000 |
| Provision for loan losses | 90,000 | 290,000 | 430,000 | 640,000 |
| Pretax income | 1,238,000 | 2,730,000 | 4,164,000 | 5,528,000 |
| Income tax | 314,000 | 697,000 | 1,070,000 | 1,487,000 |
| Net income | 924,000 | 2,033,000 | 3,094,000 | 4,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,204,000 | 36,857,000 | 36,637,000 | 37,158,000 |
| Total capital | 38,655,000 | 39,373,000 | 39,219,000 | 39,847,000 |
| Risk-weighted assets | 222,847,000 | 221,791,000 | 224,575,000 | 226,216,000 |