Call reports 2018
FIRST STATE BANK OF THE SOUTH, INC. — 2018
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 104,052,000 | 103,737,000 | 103,335,000 | 100,874,000 |
| Total loans | 37,954,000 | 39,468,000 | 37,078,000 | 35,022,000 |
| Allowance for loan losses | 354,000 | 375,000 | 370,000 | 355,000 |
| Securities available for sale | 43,084,000 | 43,150,000 | 42,583,000 | 44,786,000 |
| Securities held to maturity | 1,064,000 | 1,034,000 | 1,033,000 | 533,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,101,000 | 86,791,000 | 86,313,000 | 83,678,000 |
| Interest-bearing deposits | 64,263,000 | 62,904,000 | 63,053,000 | 60,298,000 |
| Noninterest-bearing deposits | 22,838,000 | 23,887,000 | 23,260,000 | 23,380,000 |
| Equity capital | 15,296,000 | 15,395,000 | 15,359,000 | 15,624,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 917,000 | 1,871,000 | 2,829,000 | 3,791,000 |
| Interest expense | 85,000 | 185,000 | 303,000 | 427,000 |
| Net interest income | 832,000 | 1,686,000 | 2,526,000 | 3,364,000 |
| Noninterest income | 221,000 | 423,000 | 667,000 | 906,000 |
| Noninterest expense | 822,000 | 1,626,000 | 2,470,000 | 3,317,000 |
| Provision for loan losses | 75,000 | 105,000 | 105,000 | 105,000 |
| Pretax income | 224,000 | 448,000 | 688,000 | 918,000 |
| Income tax | 41,000 | 81,000 | 126,000 | 168,000 |
| Net income | 183,000 | 367,000 | 562,000 | 750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,931,000 | 16,114,000 | 16,309,000 | 16,143,000 |
| Total capital | 16,285,000 | 16,489,000 | 16,679,000 | 16,498,000 |
| Risk-weighted assets | 64,709,000 | 65,800,000 | 64,509,000 | 62,735,000 |