Call reports 2013
FIRST STATE BANK OF THE SOUTH, INC. — 2013
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 96,069,000 | 94,604,000 | 95,274,000 | 93,865,000 |
| Total loans | 34,640,000 | 34,668,000 | 34,321,000 | 34,130,000 |
| Allowance for loan losses | 256,000 | 326,000 | 340,000 | 334,000 |
| Securities available for sale | 39,101,000 | 38,679,000 | 38,479,000 | 39,064,000 |
| Securities held to maturity | 7,094,000 | 6,938,000 | 6,342,000 | 5,481,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,749,000 | 77,862,000 | 78,270,000 | 77,503,000 |
| Interest-bearing deposits | 64,912,000 | 63,676,000 | 64,609,000 | 63,484,000 |
| Noninterest-bearing deposits | 13,837,000 | 14,186,000 | 13,661,000 | 14,019,000 |
| Equity capital | 15,077,000 | 14,460,000 | 14,657,000 | 14,178,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 872,000 | 1,777,000 | 2,691,000 | 3,566,000 |
| Interest expense | 139,000 | 271,000 | 397,000 | 519,000 |
| Net interest income | 733,000 | 1,506,000 | 2,294,000 | 3,047,000 |
| Noninterest income | 201,000 | 542,000 | 810,000 | 1,010,000 |
| Noninterest expense | 687,000 | 1,424,000 | 2,127,000 | 2,792,000 |
| Provision for loan losses | 17,000 | 92,000 | 114,000 | 114,000 |
| Pretax income | 230,000 | 532,000 | 863,000 | 1,151,000 |
| Income tax | 30,000 | 85,000 | 138,000 | 197,000 |
| Net income | 200,000 | 447,000 | 725,000 | 954,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,906,000 | 14,153,000 | 14,431,000 | 14,266,000 |
| Total capital | 14,162,000 | 14,479,000 | 14,771,000 | 14,600,000 |
| Risk-weighted assets | 54,460,000 | 54,695,000 | 54,597,000 | 54,343,000 |