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 | 285,500,000 | 280,881,000 | 294,358,000 | 288,185,000 |
| Total loans | 145,386,000 | 150,880,000 | 155,823,000 | 160,349,000 |
| Allowance for loan losses | 1,081,000 | 1,110,000 | 1,138,000 | 1,198,000 |
| Securities available for sale | 112,483,000 | 100,964,000 | 96,195,000 | 100,071,000 |
| Securities held to maturity | 6,735,000 | 10,320,000 | 11,145,000 | 10,885,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,679,000 | 217,890,000 | 217,078,000 | 225,320,000 |
| Interest-bearing deposits | 214,651,000 | 204,612,000 | 207,923,000 | 215,180,000 |
| Noninterest-bearing deposits | 9,028,000 | 13,278,000 | 9,155,000 | 10,140,000 |
| Equity capital | 28,323,000 | 26,833,000 | 29,463,000 | 33,073,000 |
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 | 3,865,000 | 7,645,000 | 11,410,000 | 15,134,000 |
| Interest expense | 1,646,000 | 3,079,000 | 4,389,000 | 5,616,000 |
| Net interest income | 2,219,000 | 4,566,000 | 7,021,000 | 9,518,000 |
| Noninterest income | 509,000 | 974,000 | 1,475,000 | 1,974,000 |
| Noninterest expense | 1,755,000 | 3,475,000 | 5,078,000 | 6,708,000 |
| Provision for loan losses | 30,000 | 60,000 | 120,000 | 195,000 |
| Pretax income | 1,022,000 | 2,181,000 | 3,451,000 | 4,733,000 |
| Income tax | 10,000 | 22,000 | 34,000 | 47,000 |
| Net income | 1,012,000 | 2,159,000 | 3,417,000 | 4,686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,313,000 | 26,472,000 | 27,741,000 | 29,020,000 |
| Total capital | 26,394,000 | 27,582,000 | 28,879,000 | 30,218,000 |
| Risk-weighted assets | 178,691,000 | 185,173,000 | 191,651,000 | 192,459,000 |