Call reports 2024
FIRST STATE BANK OF THE SOUTH, INC. — 2024
What FIRST STATE BANK OF THE SOUTH, INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 127,161,000 | 129,339,000 | 125,765,000 | 126,231,000 |
| Total loans | 61,274,000 | 60,819,000 | 60,635,000 | 61,470,000 |
| Allowance for loan losses | 613,000 | 608,000 | 607,000 | 615,000 |
| Securities available for sale | 44,046,000 | 43,971,000 | 45,462,000 | 44,181,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,871,000 | 105,632,000 | 103,070,000 | 104,986,000 |
| Interest-bearing deposits | 75,944,000 | 78,382,000 | 76,125,000 | 77,855,000 |
| Noninterest-bearing deposits | 27,927,000 | 27,250,000 | 26,945,000 | 27,131,000 |
| Equity capital | 16,426,000 | 16,776,000 | 18,133,000 | 16,941,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,452,000 | 3,008,000 | 4,602,000 | 6,191,000 |
| Interest expense | 488,000 | 1,065,000 | 1,620,000 | 2,179,000 |
| Net interest income | 964,000 | 1,943,000 | 2,982,000 | 4,012,000 |
| Noninterest income | 190,000 | 376,000 | 556,000 | 748,000 |
| Noninterest expense | 844,000 | 1,702,000 | 2,650,000 | 3,551,000 |
| Provision for loan losses | 1,000 | 4,000 | 4,000 | 14,000 |
| Pretax income | 309,000 | 613,000 | 884,000 | 1,195,000 |
| Income tax | 58,000 | 113,000 | 103,000 | 124,000 |
| Net income | 251,000 | 500,000 | 781,000 | 1,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,499,000 | 19,749,000 | 20,029,000 | 19,828,000 |