Call reports 2003
FIRST STATE BANK OF THE SOUTHEAST, INC — 2003
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 203,843,000 | 204,518,000 | 204,921,000 | 207,958,000 |
| Total loans | 158,092,000 | 156,679,000 | 157,141,000 | 160,988,000 |
| Allowance for loan losses | 1,519,000 | 1,887,000 | 2,096,000 | 1,940,000 |
| Securities available for sale | 28,462,000 | 29,767,000 | 34,198,000 | 31,574,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,515,000 | 157,091,000 | 155,386,000 | 157,403,000 |
| Interest-bearing deposits | 134,024,000 | 136,512,000 | 134,083,000 | 136,484,000 |
| Noninterest-bearing deposits | 22,491,000 | 20,579,000 | 21,303,000 | 20,919,000 |
| Equity capital | 17,342,000 | 17,339,000 | 17,293,000 | 17,990,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,078,000 | 6,044,000 | 9,014,000 | 11,910,000 |
| Interest expense | 1,186,000 | 2,337,000 | 3,431,000 | 4,454,000 |
| Net interest income | 1,892,000 | 3,707,000 | 5,583,000 | 7,456,000 |
| Noninterest income | 333,000 | 713,000 | 1,082,000 | 1,454,000 |
| Noninterest expense | 1,468,000 | 2,820,000 | 4,272,000 | 5,622,000 |
| Provision for loan losses | 118,000 | 1,198,000 | 1,379,000 | 1,560,000 |
| Pretax income | 639,000 | 402,000 | 1,015,000 | 1,731,000 |
| Income tax | -97,000 | -97,000 | -97,000 | -97,000 |
| Net income | 736,000 | 499,000 | 1,112,000 | 1,828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,467,000 | 16,030,000 | 16,418,000 | 17,039,000 |
| Total capital | 17,986,000 | 17,904,000 | 18,324,000 | 18,979,000 |
| Risk-weighted assets | 150,005,000 | 149,919,000 | 152,268,000 | 154,922,000 |