Call reports 2016
FIRST STATE BANK OF THE SOUTH, INC. — 2016
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 97,164,000 | 100,278,000 | 100,089,000 | 97,588,000 |
| Total loans | 32,430,000 | 32,315,000 | 33,339,000 | 32,938,000 |
| Allowance for loan losses | 286,000 | 281,000 | 277,000 | 279,000 |
| Securities available for sale | 45,753,000 | 47,899,000 | 49,515,000 | 48,543,000 |
| Securities held to maturity | 1,408,000 | 1,383,000 | 1,382,000 | 1,257,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,460,000 | 82,057,000 | 81,644,000 | 80,572,000 |
| Interest-bearing deposits | 61,962,000 | 64,351,000 | 63,525,000 | 62,238,000 |
| Noninterest-bearing deposits | 17,498,000 | 17,706,000 | 18,119,000 | 18,334,000 |
| Equity capital | 16,048,000 | 16,513,000 | 16,634,000 | 15,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 856,000 | 1,749,000 | 2,639,000 | 3,501,000 |
| Interest expense | 84,000 | 167,000 | 250,000 | 327,000 |
| Net interest income | 772,000 | 1,582,000 | 2,389,000 | 3,174,000 |
| Noninterest income | 209,000 | 438,000 | 655,000 | 881,000 |
| Noninterest expense | 711,000 | 1,458,000 | 2,177,000 | 2,882,000 |
| Provision for loan losses | 0 | 1,000 | 6,000 | 6,000 |
| Pretax income | 270,000 | 561,000 | 861,000 | 1,167,000 |
| Income tax | 70,000 | 150,000 | 221,000 | 276,000 |
| Net income | 200,000 | 411,000 | 640,000 | 891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,285,000 | 15,495,000 | 15,723,000 | 15,503,000 |
| Total capital | 15,571,000 | 15,776,000 | 16,000,000 | 15,782,000 |
| Risk-weighted assets | 55,566,000 | 56,185,000 | 58,132,000 | 58,959,000 |