Call reports 2023
FIRST SOUTHERN BANK — 2023
What FIRST SOUTHERN BANK 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 | 310,289,000 | 315,918,000 | 312,918,000 | 306,814,000 |
| Total loans | 170,848,000 | 176,719,000 | 184,948,000 | 194,344,000 |
| Allowance for loan losses | 1,689,000 | 1,682,000 | 1,678,000 | 1,675,000 |
| Securities available for sale | 4,363,000 | 4,010,000 | 3,751,000 | 3,600,000 |
| Securities held to maturity | 69,233,000 | 69,003,000 | 68,735,000 | 68,548,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,181,000 | 291,167,000 | 287,447,000 | 280,808,000 |
| Interest-bearing deposits | 184,431,000 | 193,310,000 | 194,763,000 | 189,911,000 |
| Noninterest-bearing deposits | 101,750,000 | 97,857,000 | 92,684,000 | 90,897,000 |
| Equity capital | 22,728,000 | 23,305,000 | 23,863,000 | 24,504,000 |
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 | 3,302,000 | 6,892,000 | 10,650,000 | 14,542,000 |
| Interest expense | 298,000 | 913,000 | 1,765,000 | 2,760,000 |
| Net interest income | 3,004,000 | 5,979,000 | 8,885,000 | 11,782,000 |
| Noninterest income | 300,000 | 605,000 | 940,000 | 1,261,000 |
| Noninterest expense | 2,547,000 | 5,119,000 | 7,766,000 | 10,394,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 757,000 | 1,465,000 | 2,059,000 | 2,649,000 |
| Income tax | 183,000 | 353,000 | 494,000 | 634,000 |
| Net income | 574,000 | 1,112,000 | 1,565,000 | 2,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,144,000 | 27,884,000 | 28,509,000 | 29,124,000 |
| Total capital | 28,991,000 | 29,725,000 | 30,346,000 | 30,958,000 |
| Risk-weighted assets | 198,146,000 | 201,894,000 | 210,871,000 | 217,014,000 |