Call reports 2023
FIRST STATE BANK OF THE SOUTH, INC. — 2023
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 121,842,000 | 120,390,000 | 119,985,000 | 122,821,000 |
| Total loans | 58,748,000 | 58,013,000 | 59,004,000 | 60,129,000 |
| Allowance for loan losses | 617,000 | 613,000 | 612,000 | 612,000 |
| Securities available for sale | 41,878,000 | 41,669,000 | 41,199,000 | 43,730,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,601,000 | 98,068,000 | 97,980,000 | 99,634,000 |
| Interest-bearing deposits | 68,593,000 | 67,120,000 | 67,594,000 | 70,641,000 |
| Noninterest-bearing deposits | 31,008,000 | 30,948,000 | 30,386,000 | 28,993,000 |
| Equity capital | 15,421,000 | 15,552,000 | 15,033,000 | 16,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,311,000 | 2,614,000 | 4,016,000 | 5,447,000 |
| Interest expense | 256,000 | 548,000 | 893,000 | 1,274,000 |
| Net interest income | 1,055,000 | 2,066,000 | 3,123,000 | 4,173,000 |
| Noninterest income | 197,000 | 396,000 | 583,000 | 763,000 |
| Noninterest expense | 854,000 | 1,687,000 | 2,554,000 | 3,411,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 398,000 | 775,000 | 1,152,000 | 1,525,000 |
| Income tax | 85,000 | 162,000 | 239,000 | 308,000 |
| Net income | 313,000 | 613,000 | 913,000 | 1,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,816,000 | 19,117,000 | 19,417,000 | 19,249,000 |
| Total capital | 19,433,000 | — | — | — |
| Risk-weighted assets | 83,759,000 | — | — | — |