Call reports 2005
FIRST STATE BANK OF THE SOUTH, INC. — 2005
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 90,422,000 | 89,108,000 | 88,241,000 | 88,712,000 |
| Total loans | 29,204,000 | 29,474,000 | 31,115,000 | 34,053,000 |
| Allowance for loan losses | 407,000 | 400,000 | 400,000 | 355,000 |
| Securities available for sale | 43,775,000 | 43,242,000 | 40,717,000 | 39,698,000 |
| Securities held to maturity | 3,568,000 | 3,564,000 | 3,559,000 | 3,554,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,178,000 | 75,785,000 | 74,795,000 | 75,370,000 |
| Interest-bearing deposits | 66,149,000 | 65,384,000 | 64,189,000 | 65,917,000 |
| Noninterest-bearing deposits | 10,029,000 | 10,401,000 | 10,606,000 | 9,453,000 |
| Equity capital | 10,712,000 | 9,833,000 | 9,855,000 | 9,822,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,090,000 | 2,194,000 | 3,324,000 | 4,479,000 |
| Interest expense | 374,000 | 777,000 | 1,231,000 | 1,729,000 |
| Net interest income | 716,000 | 1,417,000 | 2,093,000 | 2,750,000 |
| Noninterest income | 200,000 | 424,000 | 655,000 | 881,000 |
| Noninterest expense | 549,000 | 1,110,000 | 1,684,000 | 2,254,000 |
| Provision for loan losses | 0 | 0 | 6,000 | 6,000 |
| Pretax income | 367,000 | 788,000 | 1,115,000 | 1,424,000 |
| Income tax | 110,000 | 241,000 | 336,000 | 422,000 |
| Net income | 257,000 | 547,000 | 779,000 | 1,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,073,000 | 9,863,000 | 10,096,000 | 10,319,000 |
| Total capital | 11,480,000 | 10,263,000 | 10,496,000 | 10,674,000 |
| Risk-weighted assets | 48,946,000 | 48,177,000 | 49,556,000 | 50,929,000 |