Call reports 2024
FIRST SOUTHEAST BANK — 2024
What FIRST SOUTHEAST BANK 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 | 128,232,000 | 129,070,000 | 131,851,000 | 138,250,000 |
| Total loans | 102,739,000 | 105,922,000 | 109,280,000 | 115,554,000 |
| Allowance for loan losses | 894,000 | 912,000 | 936,000 | 1,002,000 |
| Securities available for sale | 17,469,000 | 14,628,000 | 14,737,000 | 13,213,000 |
| Securities held to maturity | 892,000 | 997,000 | 997,000 | 981,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,113,000 | 102,582,000 | 110,335,000 | 103,403,000 |
| Interest-bearing deposits | 75,777,000 | 73,160,000 | 79,906,000 | 74,531,000 |
| Noninterest-bearing deposits | 28,336,000 | 29,422,000 | 30,429,000 | 28,872,000 |
| Equity capital | 7,570,000 | 7,617,000 | 8,291,000 | 8,059,000 |
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 | 1,562,000 | 3,210,000 | 4,923,000 | 6,735,000 |
| Interest expense | 464,000 | 1,002,000 | 1,573,000 | 2,129,000 |
| Net interest income | 1,098,000 | 2,208,000 | 3,350,000 | 4,606,000 |
| Noninterest income | 43,000 | 187,000 | 292,000 | 305,000 |
| Noninterest expense | 884,000 | 1,720,000 | 2,638,000 | 3,555,000 |
| Provision for loan losses | 30,000 | 47,000 | 71,000 | 136,000 |
| Pretax income | 228,000 | 623,000 | 932,000 | 1,230,000 |
| Income tax | 24,000 | 3,000 | 2,000 | 2,000 |
| Net income | 204,000 | 620,000 | 930,000 | 1,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,384,000 | 9,418,000 | 9,600,000 | 9,792,000 |
| Total capital | 10,278,000 | 10,330,000 | 10,536,000 | 10,794,000 |
| Risk-weighted assets | 101,594,000 | 101,721,000 | 105,155,000 | 113,312,000 |