Call reports 2021
FIRST STATE BANK OF THE SOUTH, INC. — 2021
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 117,435,000 | 121,012,000 | 122,596,000 | 120,213,000 |
| Total loans | 45,774,000 | 50,986,000 | 51,112,000 | 54,105,000 |
| Allowance for loan losses | 464,000 | 534,000 | 523,000 | 548,000 |
| Securities available for sale | 49,188,000 | 44,029,000 | 50,845,000 | 49,629,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,004,000 | 100,720,000 | 102,009,000 | 100,247,000 |
| Interest-bearing deposits | 69,166,000 | 70,692,000 | 69,481,000 | 68,037,000 |
| Noninterest-bearing deposits | 28,838,000 | 30,028,000 | 32,528,000 | 32,210,000 |
| Equity capital | 17,703,000 | 18,210,000 | 18,469,000 | 18,013,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,005,000 | 2,438,000 | 3,491,000 | 4,595,000 |
| Interest expense | 89,000 | 165,000 | 245,000 | 320,000 |
| Net interest income | 916,000 | 2,273,000 | 3,246,000 | 4,275,000 |
| Noninterest income | 174,000 | 353,000 | 534,000 | 767,000 |
| Noninterest expense | 848,000 | 1,850,000 | 2,625,000 | 3,461,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 100,000 |
| Pretax income | 242,000 | 760,000 | 1,139,000 | 1,540,000 |
| Income tax | 42,000 | 155,000 | 230,000 | 314,000 |
| Net income | 200,000 | 605,000 | 909,000 | 1,226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,213,000 | 17,617,000 | 17,921,000 | 17,746,000 |