Call reports 2003
FIRST STATE BANK OF THE SOUTH, INC. — 2003
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 88,687,000 | 88,957,000 | 88,303,000 | 89,422,000 |
| Total loans | 28,421,000 | 27,216,000 | 27,555,000 | 28,212,000 |
| Allowance for loan losses | 371,000 | 385,000 | 428,000 | 446,000 |
| Securities available for sale | 43,525,000 | 42,669,000 | 45,892,000 | 47,302,000 |
| Securities held to maturity | 4,358,000 | 3,847,000 | 3,844,000 | 3,842,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,275,000 | 76,819,000 | 76,757,000 | 77,753,000 |
| Interest-bearing deposits | 68,443,000 | 67,909,000 | 68,306,000 | 68,292,000 |
| Noninterest-bearing deposits | 8,832,000 | 8,910,000 | 8,451,000 | 9,461,000 |
| Equity capital | 10,623,000 | 11,280,000 | 10,936,000 | 11,062,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,226,000 | 2,412,000 | 3,545,000 | 4,676,000 |
| Interest expense | 411,000 | 797,000 | 1,158,000 | 1,493,000 |
| Net interest income | 815,000 | 1,615,000 | 2,387,000 | 3,183,000 |
| Noninterest income | 172,000 | 351,000 | 563,000 | 767,000 |
| Noninterest expense | 653,000 | 1,214,000 | 1,797,000 | 2,407,000 |
| Provision for loan losses | 44,000 | 81,000 | 160,000 | 173,000 |
| Pretax income | 408,000 | 789,000 | 1,111,000 | 1,488,000 |
| Income tax | 117,000 | 236,000 | 338,000 | 457,000 |
| Net income | 291,000 | 553,000 | 773,000 | 1,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,080,000 | 10,342,000 | 10,562,000 | 10,726,000 |
| Total capital | 10,451,000 | 10,727,000 | 10,990,000 | 11,172,000 |
| Risk-weighted assets | 44,217,000 | 43,525,000 | 45,526,000 | 47,566,000 |