Call reports 2014
FIRST STATE BANK OF THE SOUTH, INC. — 2014
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 95,353,000 | 95,953,000 | 96,335,000 | 96,401,000 |
| Total loans | 34,743,000 | 34,320,000 | 34,900,000 | 35,009,000 |
| Allowance for loan losses | 329,000 | 330,000 | 324,000 | 316,000 |
| Securities available for sale | 39,796,000 | 41,282,000 | 43,718,000 | 43,964,000 |
| Securities held to maturity | 5,305,000 | 5,270,000 | 3,780,000 | 2,854,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,420,000 | 78,351,000 | 78,690,000 | 78,976,000 |
| Interest-bearing deposits | 63,727,000 | 62,979,000 | 62,717,000 | 62,520,000 |
| Noninterest-bearing deposits | 14,693,000 | 15,372,000 | 15,973,000 | 16,456,000 |
| Equity capital | 14,703,000 | 15,411,000 | 15,346,000 | 15,270,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 874,000 | 1,785,000 | 2,666,000 | 3,557,000 |
| Interest expense | 114,000 | 229,000 | 343,000 | 453,000 |
| Net interest income | 760,000 | 1,556,000 | 2,323,000 | 3,104,000 |
| Noninterest income | 209,000 | 437,000 | 652,000 | 875,000 |
| Noninterest expense | 713,000 | 1,455,000 | 2,275,000 | 3,010,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 256,000 | 538,000 | 809,000 | 1,078,000 |
| Income tax | 55,000 | 118,000 | 191,000 | 273,000 |
| Net income | 201,000 | 420,000 | 618,000 | 805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,467,000 | 14,687,000 | 14,884,000 | 14,677,000 |
| Total capital | 14,796,000 | 15,017,000 | 15,208,000 | 14,993,000 |
| Risk-weighted assets | 55,952,000 | 55,456,000 | 55,430,000 | 55,378,000 |