Call reports 2020

FIRST STATE BANK OF THE SOUTH, INC. — 2020

Name: FIRST STATE BANK OF THE SOUTH, INC. — FFIEC call report 2020
Creator: FIRST STATE BANK OF THE SOUTH, INC.

What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2020, quarter by quarter.

PERIOD: 2020SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a613bb7f-d52e-4e8f-96ae-7fcb5e8f02e7/2020

Balance sheet

What the bank holds and owes at quarter end

Measure	2020Q1	2020Q2	2020Q3	2020Q4
Total assets	106,412,000	112,675,000	115,351,000	116,283,000
Total loans	43,200,000	44,927,000	45,139,000	43,916,000
Allowance for loan losses	434,000	484,000	478,000	470,000
Securities available for sale	42,334,000	41,174,000	43,620,000	45,888,000
Securities held to maturity	501,000	500,000	500,000	500,000
Trading assets	0	0	0	0
Total deposits	87,801,000	92,529,000	94,922,000	96,161,000
Interest-bearing deposits	64,469,000	66,196,000	68,311,000	68,378,000
Noninterest-bearing deposits	23,332,000	26,333,000	26,611,000	27,783,000
Equity capital	16,826,000	17,857,000	18,290,000	18,169,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2020Q1	2020Q2	2020Q3	2020Q4
Interest income	1,070,000	2,143,000	3,143,000	4,104,000
Interest expense	164,000	310,000	428,000	542,000
Net interest income	906,000	1,833,000	2,715,000	3,562,000
Noninterest income	199,000	502,000	670,000	864,000
Noninterest expense	830,000	1,769,000	2,587,000	3,430,000
Provision for loan losses	26,000	84,000	84,000	84,000
Pretax income	249,000	482,000	714,000	912,000
Income tax	43,000	81,000	119,000	133,000
Net income	206,000	401,000	595,000	779,000

Basel measures — not reported for every quarter

Measure	2020Q1	2020Q2	2020Q3	2020Q4
Tier 1 capital	16,794,000	16,989,000	17,183,000	17,013,000
Total capital	17,228,000	17,473,000	—	—
Risk-weighted assets	64,992,000	70,398,000	—	—