Call reports 2024
FIRST SOUTHERN BANK — 2024
What FIRST SOUTHERN 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 | 1,006,124,000 | 1,013,616,000 | 1,069,907,000 | 1,036,460,000 |
| Total loans | 664,103,000 | 657,426,000 | 666,885,000 | 671,050,000 |
| Allowance for loan losses | 8,809,000 | 8,497,000 | 8,551,000 | 8,621,000 |
| Securities available for sale | 245,500,000 | 243,036,000 | 249,567,000 | 254,745,000 |
| Securities held to maturity | 34,977,000 | 34,966,000 | 35,333,000 | 32,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 883,538,000 | 889,302,000 | 936,331,000 | 910,428,000 |
| Interest-bearing deposits | 494,276,000 | 506,977,000 | 496,935,000 | 491,865,000 |
| Noninterest-bearing deposits | 389,262,000 | 382,325,000 | 439,396,000 | 418,563,000 |
| Equity capital | 93,332,000 | 94,828,000 | 104,106,000 | 101,108,000 |
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 | 11,522,000 | 23,353,000 | 35,510,000 | 48,116,000 |
| Interest expense | 3,423,000 | 7,066,000 | 10,983,000 | 14,946,000 |
| Net interest income | 8,099,000 | 16,287,000 | 24,527,000 | 33,170,000 |
| Noninterest income | 1,501,000 | 2,602,000 | 3,767,000 | 4,761,000 |
| Noninterest expense | 5,424,000 | 11,019,000 | 16,712,000 | 21,609,000 |
| Provision for loan losses | 60,000 | -519,000 | -459,000 | -399,000 |
| Pretax income | 3,741,000 | 8,014,000 | 11,666,000 | 16,347,000 |
| Income tax | 856,000 | 1,851,000 | 2,009,000 | 2,963,000 |
| Net income | 2,885,000 | 6,163,000 | 9,657,000 | 13,384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,154,000 | 97,141,000 | 100,809,000 | 104,685,000 |