Call reports 2017
FIRST STATE BANK OF THE SOUTH, INC. — 2017
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 100,110,000 | 100,985,000 | 100,929,000 | 99,948,000 |
| Total loans | 32,871,000 | 33,528,000 | 35,281,000 | 35,170,000 |
| Allowance for loan losses | 283,000 | 291,000 | 277,000 | 285,000 |
| Securities available for sale | 48,449,000 | 46,235,000 | 46,371,000 | 46,229,000 |
| Securities held to maturity | 1,256,000 | 1,066,000 | 1,065,000 | 1,065,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,639,000 | 83,223,000 | 82,919,000 | 82,726,000 |
| Interest-bearing deposits | 63,199,000 | 63,110,000 | 63,546,000 | 63,155,000 |
| Noninterest-bearing deposits | 19,440,000 | 20,113,000 | 19,373,000 | 19,571,000 |
| Equity capital | 15,781,000 | 16,133,000 | 16,252,000 | 15,575,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 868,000 | 1,759,000 | 2,631,000 | 3,523,000 |
| Interest expense | 75,000 | 148,000 | 225,000 | 305,000 |
| Net interest income | 793,000 | 1,611,000 | 2,406,000 | 3,218,000 |
| Noninterest income | 229,000 | 444,000 | 682,000 | 910,000 |
| Noninterest expense | 736,000 | 1,569,000 | 2,333,000 | 3,106,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 275,000 | 510,000 | 767,000 | 1,023,000 |
| Income tax | 72,000 | 130,000 | 200,000 | 423,000 |
| Net income | 203,000 | 380,000 | 567,000 | 600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,705,000 | 15,883,000 | 16,070,000 | 15,747,000 |
| Total capital | 15,988,000 | 16,174,000 | 16,347,000 | 16,032,000 |
| Risk-weighted assets | 59,274,000 | 59,930,000 | 61,680,000 | 62,027,000 |