Call reports 2022
FIRST STATE BANK OF THE SOUTH, INC. — 2022
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 123,419,000 | 122,243,000 | 120,860,000 | 122,319,000 |
| Total loans | 53,914,000 | 56,719,000 | 61,813,000 | 60,236,000 |
| Allowance for loan losses | 558,000 | 575,000 | 618,000 | 617,000 |
| Securities available for sale | 45,065,000 | 44,102,000 | 40,173,000 | 41,138,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,215,000 | 105,196,000 | 99,837,000 | 101,048,000 |
| Interest-bearing deposits | 72,649,000 | 73,052,000 | 67,012,000 | 69,296,000 |
| Noninterest-bearing deposits | 32,566,000 | 32,144,000 | 32,825,000 | 31,752,000 |
| Equity capital | 16,265,000 | 15,406,000 | 14,284,000 | 14,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,077,000 | 2,204,000 | 3,403,000 | 4,643,000 |
| Interest expense | 77,000 | 157,000 | 277,000 | 477,000 |
| Net interest income | 1,000,000 | 2,047,000 | 3,126,000 | 4,166,000 |
| Noninterest income | 197,000 | 397,000 | 575,000 | 763,000 |
| Noninterest expense | 813,000 | 1,640,000 | 2,449,000 | 3,248,000 |
| Provision for loan losses | 10,000 | 48,000 | 94,000 | 94,000 |
| Pretax income | 383,000 | 765,000 | 1,157,000 | 1,585,000 |
| Income tax | 80,000 | 160,000 | 243,000 | 335,000 |
| Net income | 303,000 | 605,000 | 914,000 | 1,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,048,000 | 18,352,000 | 18,661,000 | 18,504,000 |