Call reports 2014
FIRST SOUTHERN BANK — 2014
What FIRST SOUTHERN BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 344,382,000 | 341,251,000 | 595,286,000 | 661,392,000 |
| Total loans | 208,338,000 | 204,163,000 | 374,713,000 | 430,617,000 |
| Allowance for loan losses | 1,610,000 | 1,731,000 | 1,943,000 | 2,487,000 |
| Securities available for sale | 105,268,000 | 102,409,000 | 143,999,000 | 163,780,000 |
| Securities held to maturity | 16,849,000 | 16,613,000 | 17,585,000 | 17,125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,847,000 | 275,317,000 | 455,829,000 | 538,534,000 |
| Interest-bearing deposits | 277,738,000 | 274,486,000 | 427,472,000 | 508,239,000 |
| Noninterest-bearing deposits | 2,109,000 | 831,000 | 28,357,000 | 30,295,000 |
| Equity capital | 36,557,000 | 38,852,000 | 67,459,000 | 81,358,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,178,000 | 6,419,000 | 10,893,000 | 17,085,000 |
| Interest expense | 375,000 | 745,000 | 1,189,000 | 1,592,000 |
| Net interest income | 2,803,000 | 5,674,000 | 9,704,000 | 15,493,000 |
| Noninterest income | 432,000 | 898,000 | 1,526,000 | 2,457,000 |
| Noninterest expense | 1,830,000 | 3,712,000 | 6,442,000 | 9,971,000 |
| Provision for loan losses | 150,000 | 300,000 | 550,000 | 1,250,000 |
| Pretax income | 1,268,000 | 2,644,000 | 4,458,000 | 6,854,000 |
| Income tax | 327,000 | 792,000 | 1,341,000 | 2,131,000 |
| Net income | 941,000 | 1,852,000 | 3,117,000 | 4,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,644,000 | 37,556,000 | 57,367,000 | 68,201,000 |
| Total capital | 38,254,000 | 39,287,000 | 59,310,000 | 70,688,000 |
| Risk-weighted assets | 260,518,000 | 259,422,000 | 436,744,000 | 487,703,000 |