Call reports 2007
FIRST STATE BANK OF THE SOUTH, INC. — 2007
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 93,385,000 | 91,996,000 | 90,255,000 | 92,153,000 |
| Total loans | 31,368,000 | 30,626,000 | 32,269,000 | 31,950,000 |
| Allowance for loan losses | 317,000 | 333,000 | 319,000 | 310,000 |
| Securities available for sale | 39,089,000 | 41,548,000 | 42,063,000 | 40,459,000 |
| Securities held to maturity | 5,572,000 | 5,571,000 | 5,068,000 | 5,062,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,970,000 | 78,731,000 | 77,147,000 | 78,814,000 |
| Interest-bearing deposits | 67,980,000 | 67,513,000 | 66,600,000 | 66,778,000 |
| Noninterest-bearing deposits | 11,990,000 | 11,218,000 | 10,547,000 | 12,036,000 |
| Equity capital | 10,357,000 | 10,253,000 | 10,762,000 | 11,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,220,000 | 2,490,000 | 3,759,000 | 5,020,000 |
| Interest expense | 749,000 | 1,496,000 | 2,262,000 | 3,013,000 |
| Net interest income | 471,000 | 994,000 | 1,497,000 | 2,007,000 |
| Noninterest income | 232,000 | 471,000 | 695,000 | 909,000 |
| Noninterest expense | 573,000 | 1,162,000 | 1,772,000 | 2,406,000 |
| Provision for loan losses | 7,000 | 39,000 | 39,000 | 57,000 |
| Pretax income | 123,000 | 264,000 | 381,000 | 453,000 |
| Income tax | -2,000 | 8,000 | 1,000 | -17,000 |
| Net income | 125,000 | 256,000 | 380,000 | 470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,708,000 | 10,839,000 | 10,963,000 | 11,053,000 |
| Total capital | 11,025,000 | 11,172,000 | 11,282,000 | 11,363,000 |
| Risk-weighted assets | 49,303,000 | 48,554,000 | 49,884,000 | 52,579,000 |