Call reports 2024
SOUTHSTAR BANK, S.S.B. — 2024
What SOUTHSTAR BANK, S.S.B. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,224,490,000 | 1,217,332,000 | 1,202,956,000 | 1,175,980,000 |
| Total loans | 936,012,000 | 937,859,000 | 917,558,000 | 898,938,000 |
| Allowance for loan losses | 7,134,000 | 7,255,000 | 7,470,000 | 7,463,000 |
| Securities available for sale | 162,310,000 | 160,824,000 | 168,430,000 | 159,585,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 929,041,000 | 907,325,000 | 918,747,000 | 924,937,000 |
| Interest-bearing deposits | 690,754,000 | 681,474,000 | 678,550,000 | 694,624,000 |
| Noninterest-bearing deposits | 238,287,000 | 225,851,000 | 240,197,000 | 230,313,000 |
| Equity capital | 135,322,000 | 139,148,000 | 146,005,000 | 145,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 18,184,000 | 36,564,000 | 55,415,000 | 74,196,000 |
| Interest expense | 5,983,000 | 11,948,000 | 17,954,000 | 23,779,000 |
| Net interest income | 12,201,000 | 24,616,000 | 37,461,000 | 50,417,000 |
| Noninterest income | 849,000 | 1,887,000 | 2,896,000 | 3,805,000 |
| Noninterest expense | 7,914,000 | 15,962,000 | 24,088,000 | 32,784,000 |
| Provision for loan losses | 175,000 | 300,000 | 350,000 | 350,000 |
| Pretax income | 5,141,000 | 10,492,000 | 16,180,000 | 21,347,000 |
| Income tax | 1,058,000 | 2,151,000 | 3,320,000 | 4,394,000 |
| Net income | 4,083,000 | 8,341,000 | 12,860,000 | 16,953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 147,039,000 | 150,385,000 | 153,992,000 | 157,175,000 |
| Total capital | 154,601,000 | 157,993,000 | 161,816,000 | 164,991,000 |
| Risk-weighted assets | 880,402,000 | 876,935,000 | 852,141,000 | 840,590,000 |