Call reports 2019
FIRST SOUTHERN STATE BANK — 2019
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 394,668,000 | 401,933,000 | 403,903,000 | 554,959,000 |
| Total loans | 230,927,000 | 229,971,000 | 229,028,000 | 319,881,000 |
| Allowance for loan losses | 3,310,000 | 3,424,000 | 3,497,000 | 3,527,000 |
| Securities available for sale | 116,476,000 | 125,390,000 | 131,100,000 | 150,095,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 353,069,000 | 358,026,000 | 358,379,000 | 490,022,000 |
| Interest-bearing deposits | 320,956,000 | 327,559,000 | 327,293,000 | 429,279,000 |
| Noninterest-bearing deposits | 32,113,000 | 30,467,000 | 31,086,000 | 60,743,000 |
| Equity capital | 37,832,000 | 40,154,000 | 41,441,000 | 60,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,165,000 | 8,447,000 | 12,762,000 | 18,128,000 |
| Interest expense | 690,000 | 1,439,000 | 2,249,000 | 3,220,000 |
| Net interest income | 3,475,000 | 7,008,000 | 10,513,000 | 14,908,000 |
| Noninterest income | 553,000 | 1,177,000 | 1,768,000 | 2,476,000 |
| Noninterest expense | 2,247,000 | 4,543,000 | 6,743,000 | 10,561,000 |
| Provision for loan losses | 150,000 | 350,000 | 515,000 | 781,000 |
| Pretax income | 1,631,000 | 3,291,000 | 5,029,000 | 6,049,000 |
| Income tax | 318,000 | 626,000 | 953,000 | 993,000 |
| Net income | 1,313,000 | 2,665,000 | 4,076,000 | 5,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,522,000 | 39,449,000 | 40,360,000 | 53,846,000 |
| Total capital | 41,582,000 | 42,540,000 | 43,444,000 | 57,373,000 |
| Risk-weighted assets | 244,575,000 | 246,962,000 | 246,374,000 | 341,460,000 |