Call reports 2023
SOUTHSTAR BANK, S.S.B. — 2023
What SOUTHSTAR BANK, S.S.B. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,164,018,000 | 1,250,146,000 | 1,231,910,000 | 1,214,112,000 |
| Total loans | 857,041,000 | 955,593,000 | 943,771,000 | 919,449,000 |
| Allowance for loan losses | 6,506,000 | 6,870,000 | 7,022,000 | 7,023,000 |
| Securities available for sale | 175,186,000 | 170,669,000 | 164,214,000 | 169,560,000 |
| Securities held to maturity | 10,965,000 | 10,948,000 | 6,067,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 890,658,000 | 905,432,000 | 940,667,000 | 926,910,000 |
| Interest-bearing deposits | 629,062,000 | 648,915,000 | 691,896,000 | 688,908,000 |
| Noninterest-bearing deposits | 261,596,000 | 256,517,000 | 248,771,000 | 238,002,000 |
| Equity capital | 122,173,000 | 123,607,000 | 124,778,000 | 133,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 14,583,000 | 31,233,000 | 49,615,000 | 67,697,000 |
| Interest expense | 2,384,000 | 6,700,000 | 12,143,000 | 17,903,000 |
| Net interest income | 12,199,000 | 24,533,000 | 37,472,000 | 49,794,000 |
| Noninterest income | 818,000 | 2,031,000 | 2,946,000 | 3,770,000 |
| Noninterest expense | 7,788,000 | 15,759,000 | 24,051,000 | 32,404,000 |
| Provision for loan losses | 135,000 | 477,000 | 627,000 | 627,000 |
| Pretax income | 5,100,000 | 10,529,000 | 16,052,000 | 20,844,000 |
| Income tax | 1,038,000 | 2,160,000 | 3,299,000 | 4,278,000 |
| Net income | 4,062,000 | 8,369,000 | 12,753,000 | 16,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,297,000 | 137,092,000 | 140,965,000 | 143,866,000 |
| Total capital | 140,706,000 | 144,665,000 | 148,591,000 | 151,492,000 |
| Risk-weighted assets | 866,294,000 | 936,874,000 | 912,612,000 | 871,056,000 |