Call reports 2018
FIRST SOUTHERN STATE BANK — 2018
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 382,567,000 | 376,866,000 | 370,602,000 | 391,388,000 |
| Total loans | 204,161,000 | 208,754,000 | 214,246,000 | 227,820,000 |
| Allowance for loan losses | 2,852,000 | 2,966,000 | 3,093,000 | 3,148,000 |
| Securities available for sale | 130,886,000 | 133,058,000 | 122,941,000 | 118,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 343,425,000 | 337,752,000 | 332,116,000 | 351,483,000 |
| Interest-bearing deposits | 309,468,000 | 305,767,000 | 300,857,000 | 317,890,000 |
| Noninterest-bearing deposits | 33,957,000 | 31,985,000 | 31,259,000 | 33,593,000 |
| Equity capital | 35,247,000 | 35,846,000 | 35,000,000 | 36,645,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,832,000 | 7,780,000 | 11,842,000 | 15,976,000 |
| Interest expense | 533,000 | 1,079,000 | 1,638,000 | 2,239,000 |
| Net interest income | 3,299,000 | 6,701,000 | 10,204,000 | 13,737,000 |
| Noninterest income | 577,000 | 1,188,000 | 1,750,000 | 2,326,000 |
| Noninterest expense | 2,173,000 | 4,356,000 | 6,613,000 | 8,911,000 |
| Provision for loan losses | 155,000 | 305,000 | 455,000 | 705,000 |
| Pretax income | 1,548,000 | 3,228,000 | 4,889,000 | 6,371,000 |
| Income tax | 296,000 | 609,000 | 916,000 | 1,347,000 |
| Net income | 1,252,000 | 2,619,000 | 3,973,000 | 5,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,165,000 | 38,055,000 | 38,134,000 | 38,509,000 |
| Total capital | 40,017,000 | 40,926,000 | 41,021,000 | 41,549,000 |
| Risk-weighted assets | 229,039,000 | 230,129,000 | 230,780,000 | 243,140,000 |