Call reports 2021
FIRST SOUTHERN STATE BANK — 2021
What FIRST SOUTHERN STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 698,490,000 | 713,011,000 | 747,811,000 | 745,901,000 |
| Total loans | 358,812,000 | 359,082,000 | 341,597,000 | 339,498,000 |
| Allowance for loan losses | 4,541,000 | 4,842,000 | 5,201,000 | 5,279,000 |
| Securities available for sale | 237,663,000 | 259,168,000 | 292,072,000 | 309,376,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 628,084,000 | 640,647,000 | 670,013,000 | 671,043,000 |
| Interest-bearing deposits | 576,785,000 | 592,411,000 | 617,384,000 | 619,688,000 |
| Noninterest-bearing deposits | 51,299,000 | 48,236,000 | 52,629,000 | 51,355,000 |
| Equity capital | 66,712,000 | 68,913,000 | 73,319,000 | 72,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,979,000 | 12,610,000 | 21,918,000 | 28,811,000 |
| Interest expense | 752,000 | 1,532,000 | 2,321,000 | 3,080,000 |
| Net interest income | 5,227,000 | 11,078,000 | 19,597,000 | 25,731,000 |
| Noninterest income | 886,000 | 1,872,000 | 2,794,000 | 3,763,000 |
| Noninterest expense | 3,432,000 | 7,068,000 | 10,791,000 | 14,835,000 |
| Provision for loan losses | 180,000 | 438,000 | 845,000 | 965,000 |
| Pretax income | 2,509,000 | 5,477,000 | 10,788,000 | 13,728,000 |
| Income tax | 513,000 | 1,116,000 | 2,362,000 | 2,936,000 |
| Net income | 1,996,000 | 4,361,000 | 8,426,000 | 10,792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,724,000 | 61,887,000 | 65,675,000 | 67,062,000 |