Call reports 2023
FIRST SOUTHERN BANK — 2023
What FIRST SOUTHERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,016,267,000 | 1,009,385,000 | 1,018,103,000 | 1,018,270,000 |
| Total loans | 644,259,000 | 646,700,000 | 652,726,000 | 670,737,000 |
| Allowance for loan losses | 8,737,000 | 8,791,000 | 8,717,000 | 8,773,000 |
| Securities available for sale | 273,702,000 | 262,926,000 | 255,939,000 | 261,233,000 |
| Securities held to maturity | 20,515,000 | 23,541,000 | 24,428,000 | 22,476,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 874,889,000 | 858,979,000 | 880,933,000 | 894,823,000 |
| Interest-bearing deposits | 459,930,000 | 457,088,000 | 476,595,000 | 474,325,000 |
| Noninterest-bearing deposits | 414,959,000 | 401,891,000 | 404,338,000 | 420,498,000 |
| Equity capital | 88,186,000 | 88,020,000 | 87,108,000 | 97,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 10,197,000 | 20,876,000 | 31,932,000 | 43,673,000 |
| Interest expense | 2,040,000 | 4,615,000 | 7,686,000 | 11,182,000 |
| Net interest income | 8,157,000 | 16,261,000 | 24,246,000 | 32,491,000 |
| Noninterest income | 910,000 | 1,897,000 | 3,067,000 | 4,045,000 |
| Noninterest expense | 4,903,000 | 9,718,000 | 14,807,000 | 19,656,000 |
| Provision for loan losses | 210,000 | 270,000 | 330,000 | 390,000 |
| Pretax income | 3,954,000 | 8,205,000 | 12,211,000 | 16,525,000 |
| Income tax | 936,000 | 1,945,000 | 2,882,000 | 3,868,000 |
| Net income | 3,018,000 | 6,260,000 | 9,329,000 | 12,657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,135,000 | 91,902,000 | 95,156,000 | 98,364,000 |