Call reports 2024
FIRST SOUTHERN BANK — 2024
What FIRST SOUTHERN BANK 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 | 317,591,000 | 313,152,000 | 307,708,000 | 314,365,000 |
| Total loans | 190,408,000 | 193,329,000 | 202,392,000 | 204,320,000 |
| Allowance for loan losses | 1,725,000 | 1,772,000 | 1,821,000 | 1,871,000 |
| Securities available for sale | 3,423,000 | 3,250,000 | 3,087,000 | 2,876,000 |
| Securities held to maturity | 68,238,000 | 68,003,000 | 67,668,000 | 67,409,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 290,918,000 | 285,867,000 | 279,664,000 | 285,557,000 |
| Interest-bearing deposits | 198,125,000 | 191,162,000 | 191,175,000 | 183,865,000 |
| Noninterest-bearing deposits | 92,793,000 | 94,705,000 | 88,489,000 | 101,692,000 |
| Equity capital | 25,138,000 | 25,779,000 | 26,519,000 | 27,314,000 |
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 | 3,904,000 | 7,967,000 | 12,046,000 | 16,271,000 |
| Interest expense | 1,027,000 | 2,140,000 | 3,219,000 | 4,174,000 |
| Net interest income | 2,877,000 | 5,827,000 | 8,827,000 | 12,097,000 |
| Noninterest income | 510,000 | 837,000 | 1,190,000 | 1,644,000 |
| Noninterest expense | 2,630,000 | 5,189,000 | 7,783,000 | 10,489,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 707,000 | 1,375,000 | 2,084,000 | 3,052,000 |
| Income tax | 169,000 | 328,000 | 493,000 | 725,000 |
| Net income | 538,000 | 1,047,000 | 1,591,000 | 2,327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,592,000 | 30,294,000 | 30,904,000 | 31,650,000 |
| Total capital | 31,476,000 | 32,225,000 | 32,884,000 | 33,680,000 |
| Risk-weighted assets | 211,954,000 | 214,000,000 | 220,104,000 | 221,287,000 |