Call reports 2004
FIRST STATE BANK OF THE SOUTH, INC. — 2004
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 89,189,000 | 87,518,000 | 91,270,000 | 90,424,000 |
| Total loans | 29,625,000 | 30,106,000 | 29,594,000 | 31,373,000 |
| Allowance for loan losses | 473,000 | 441,000 | 424,000 | 414,000 |
| Securities available for sale | 45,235,000 | 43,361,000 | 44,154,000 | 43,550,000 |
| Securities held to maturity | 3,833,000 | 3,825,000 | 3,822,000 | 3,820,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,619,000 | 76,001,000 | 76,790,000 | 75,982,000 |
| Interest-bearing deposits | 67,778,000 | 66,895,000 | 66,754,000 | 66,673,000 |
| Noninterest-bearing deposits | 8,841,000 | 9,106,000 | 10,036,000 | 9,309,000 |
| Equity capital | 11,634,000 | 11,034,000 | 11,790,000 | 11,904,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,116,000 | 2,227,000 | 3,324,000 | 4,435,000 |
| Interest expense | 327,000 | 641,000 | 970,000 | 1,325,000 |
| Net interest income | 789,000 | 1,586,000 | 2,354,000 | 3,110,000 |
| Noninterest income | 205,000 | 412,000 | 637,000 | 882,000 |
| Noninterest expense | 599,000 | 1,155,000 | 1,734,000 | 2,370,000 |
| Provision for loan losses | 1,000 | 15,000 | 15,000 | 28,000 |
| Pretax income | 404,000 | 838,000 | 1,252,000 | 1,604,000 |
| Income tax | 121,000 | 263,000 | 387,000 | 503,000 |
| Net income | 283,000 | 575,000 | 865,000 | 1,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,894,000 | 11,186,000 | 11,476,000 | 11,712,000 |
| Total capital | 11,367,000 | 11,627,000 | 11,900,000 | 12,126,000 |
| Risk-weighted assets | 48,257,000 | 48,715,000 | 48,826,000 | 50,077,000 |