Call reports 2007
FIRST STATE BANK OF THE SOUTHEAST, INC — 2007
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 364,547,000 | 360,013,000 | 351,895,000 | 362,271,000 |
| Total loans | 310,002,000 | 296,028,000 | 303,386,000 | 314,768,000 |
| Allowance for loan losses | 2,820,000 | 2,887,000 | 2,492,000 | 2,237,000 |
| Securities available for sale | 30,333,000 | 30,324,000 | 31,497,000 | 31,781,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,347,000 | 291,277,000 | 274,088,000 | 292,990,000 |
| Interest-bearing deposits | 263,820,000 | 260,236,000 | 244,521,000 | 265,317,000 |
| Noninterest-bearing deposits | 31,527,000 | 31,041,000 | 29,567,000 | 27,673,000 |
| Equity capital | 30,294,000 | 29,105,000 | 29,182,000 | 29,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,432,000 | 12,791,000 | 19,143,000 | 25,655,000 |
| Interest expense | 3,040,000 | 6,235,000 | 9,357,000 | 12,511,000 |
| Net interest income | 3,392,000 | 6,556,000 | 9,786,000 | 13,144,000 |
| Noninterest income | 421,000 | 832,000 | 1,236,000 | 1,711,000 |
| Noninterest expense | 2,689,000 | 5,419,000 | 8,254,000 | 10,977,000 |
| Provision for loan losses | 74,000 | 148,000 | 224,000 | 1,521,000 |
| Pretax income | 1,050,000 | 1,821,000 | 2,544,000 | 2,357,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,050,000 | 1,821,000 | 2,544,000 | 2,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,538,000 | 29,807,000 | 29,431,000 | 28,920,000 |
| Total capital | 33,358,000 | 32,694,000 | 31,923,000 | 31,157,000 |
| Risk-weighted assets | 300,098,000 | 290,216,000 | 296,310,000 | 302,812,000 |