Call reports 2010
FIRST STATE BANK OF THE SOUTH, INC. — 2010
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 94,892,000 | 94,374,000 | 94,082,000 | 92,425,000 |
| Total loans | 36,643,000 | 36,093,000 | 35,628,000 | 36,109,000 |
| Allowance for loan losses | 257,000 | 297,000 | 302,000 | 294,000 |
| Securities available for sale | 31,962,000 | 31,726,000 | 32,912,000 | 32,066,000 |
| Securities held to maturity | 10,541,000 | 9,271,000 | 10,332,000 | 9,988,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,208,000 | 78,217,000 | 78,422,000 | 77,315,000 |
| Interest-bearing deposits | 65,794,000 | 67,290,000 | 67,226,000 | 66,514,000 |
| Noninterest-bearing deposits | 11,414,000 | 10,927,000 | 11,196,000 | 10,801,000 |
| Equity capital | 12,412,000 | 12,915,000 | 13,349,000 | 12,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,126,000 | 2,246,000 | 3,308,000 | 4,364,000 |
| Interest expense | 303,000 | 574,000 | 837,000 | 1,088,000 |
| Net interest income | 823,000 | 1,672,000 | 2,471,000 | 3,276,000 |
| Noninterest income | 211,000 | 425,000 | 640,000 | 847,000 |
| Noninterest expense | 707,000 | 1,426,000 | 2,135,000 | 2,877,000 |
| Provision for loan losses | 36,000 | 80,000 | 113,000 | 113,000 |
| Pretax income | 291,000 | 594,000 | 866,000 | 1,136,000 |
| Income tax | 45,000 | 94,000 | 129,000 | 168,000 |
| Net income | 246,000 | 500,000 | 737,000 | 968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,286,000 | 12,540,000 | 12,777,000 | 13,008,000 |
| Total capital | 12,543,000 | 12,837,000 | 13,079,000 | 13,302,000 |
| Risk-weighted assets | 55,086,000 | 53,530,000 | 54,885,000 | 56,382,000 |