Call reports 2008
FIRST SOUTHERN BANK — 2008
What FIRST SOUTHERN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 372,546,000 | 392,270,000 | 394,637,000 | 381,468,000 |
| Total loans | 326,484,000 | 343,842,000 | 343,766,000 | 337,333,000 |
| Allowance for loan losses | 3,628,000 | 3,628,000 | 3,628,000 | 4,817,000 |
| Securities available for sale | 14,013,000 | 27,522,000 | 26,672,000 | 26,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,970,000 | 336,423,000 | 337,999,000 | 325,581,000 |
| Interest-bearing deposits | 268,324,000 | 291,622,000 | 295,621,000 | 284,352,000 |
| Noninterest-bearing deposits | 49,646,000 | 44,801,000 | 42,378,000 | 41,229,000 |
| Equity capital | 41,098,000 | 42,214,000 | 42,904,000 | 43,409,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,842,000 | 11,490,000 | 17,374,000 | 22,796,000 |
| Interest expense | 2,647,000 | 4,950,000 | 7,465,000 | 9,848,000 |
| Net interest income | 3,195,000 | 6,540,000 | 9,909,000 | 12,948,000 |
| Noninterest income | 194,000 | 374,000 | 524,000 | 673,000 |
| Noninterest expense | 3,764,000 | 6,446,000 | 9,062,000 | 11,613,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,650,000 |
| Pretax income | -375,000 | 468,000 | 1,371,000 | 358,000 |
| Income tax | -141,000 | 176,000 | 516,000 | 95,000 |
| Net income | -234,000 | 292,000 | 855,000 | 263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,149,000 | 42,675,000 | 43,238,000 | 43,146,000 |
| Total capital | 44,777,000 | 46,303,000 | 46,866,000 | 47,563,000 |
| Risk-weighted assets | 347,845,000 | 364,739,000 | 363,793,000 | 352,944,000 |