Call reports 2014
FIRST STATE BANK OF THE SOUTHEAST, INC — 2014
What FIRST STATE BANK OF THE SOUTHEAST, INC 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 | 358,532,000 | 357,278,000 | 361,621,000 | 342,575,000 |
| Total loans | 293,205,000 | 289,708,000 | 284,040,000 | 267,052,000 |
| Allowance for loan losses | 4,023,000 | 4,390,000 | 4,107,000 | 2,949,000 |
| Securities available for sale | 34,963,000 | 35,125,000 | 43,706,000 | 42,422,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,449,000 | 302,307,000 | 310,297,000 | 306,781,000 |
| Interest-bearing deposits | 268,593,000 | 260,946,000 | 268,671,000 | 263,588,000 |
| Noninterest-bearing deposits | 41,856,000 | 41,361,000 | 41,626,000 | 43,193,000 |
| Equity capital | 37,042,000 | 37,560,000 | 37,569,000 | 32,969,000 |
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 | 4,073,000 | 8,078,000 | 12,133,000 | 15,314,000 |
| Interest expense | 477,000 | 954,000 | 1,426,000 | 1,900,000 |
| Net interest income | 3,596,000 | 7,124,000 | 10,707,000 | 13,414,000 |
| Noninterest income | 353,000 | 724,000 | 928,000 | -1,108,000 |
| Noninterest expense | 2,815,000 | 5,542,000 | 8,365,000 | 11,532,000 |
| Provision for loan losses | 534,000 | 1,056,000 | 1,506,000 | 3,895,000 |
| Pretax income | 600,000 | 1,250,000 | 1,763,000 | -3,120,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 600,000 | 1,250,000 | 1,763,000 | -3,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,327,000 | 37,476,000 | 37,540,000 | 32,557,000 |
| Total capital | 40,839,000 | 40,908,000 | 40,937,000 | 35,506,000 |
| Risk-weighted assets | 280,469,000 | 273,606,000 | 271,043,000 | 253,833,000 |