Call reports 2008
FIRST STATE BANK OF THE SOUTH, INC. — 2008
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 90,432,000 | 89,650,000 | 90,986,000 | 89,617,000 |
| Total loans | 32,139,000 | 31,772,000 | 34,572,000 | 35,393,000 |
| Allowance for loan losses | 292,000 | 290,000 | 277,000 | 268,000 |
| Securities available for sale | 39,107,000 | 41,849,000 | 38,941,000 | 36,493,000 |
| Securities held to maturity | 2,560,000 | 2,559,000 | 2,558,000 | 2,798,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,018,000 | 76,773,000 | 75,984,000 | 73,804,000 |
| Interest-bearing deposits | 65,599,000 | 65,259,000 | 64,496,000 | 62,494,000 |
| Noninterest-bearing deposits | 11,419,000 | 11,514,000 | 11,488,000 | 11,310,000 |
| Equity capital | 11,036,000 | 10,584,000 | 10,238,000 | 11,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,225,000 | 2,463,000 | 3,693,000 | 4,893,000 |
| Interest expense | 693,000 | 1,314,000 | 1,829,000 | 2,303,000 |
| Net interest income | 532,000 | 1,149,000 | 1,864,000 | 2,590,000 |
| Noninterest income | 210,000 | 406,000 | 619,000 | 852,000 |
| Noninterest expense | 662,000 | 1,338,000 | 2,019,000 | 2,693,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 81,000 | 220,000 | 215,000 | 522,000 |
| Income tax | -13,000 | -5,000 | -51,000 | 15,000 |
| Net income | 94,000 | 225,000 | 266,000 | 507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,025,000 | 11,157,000 | 11,198,000 | 11,439,000 |
| Total capital | 11,317,000 | 11,447,000 | 11,475,000 | 11,707,000 |
| Risk-weighted assets | 54,282,000 | 54,829,000 | 56,440,000 | 56,293,000 |