Call reports 2016
FIRST STATE BANK OF THE SOUTHEAST, INC — 2016
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 337,341,000 | 332,872,000 | 330,684,000 | 336,608,000 |
| Total loans | 265,683,000 | 261,826,000 | 261,912,000 | 262,263,000 |
| Allowance for loan losses | 2,656,000 | 2,789,000 | 2,848,000 | 2,830,000 |
| Securities available for sale | 46,995,000 | 45,960,000 | 43,358,000 | 42,626,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,708,000 | 293,723,000 | 289,174,000 | 284,521,000 |
| Interest-bearing deposits | 246,572,000 | 243,593,000 | 238,596,000 | 234,596,000 |
| Noninterest-bearing deposits | 49,136,000 | 50,130,000 | 50,578,000 | 49,925,000 |
| Equity capital | 29,350,000 | 30,017,000 | 30,312,000 | 29,624,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,761,000 | 7,494,000 | 11,203,000 | 14,849,000 |
| Interest expense | 471,000 | 945,000 | 1,427,000 | 1,903,000 |
| Net interest income | 3,290,000 | 6,549,000 | 9,776,000 | 12,946,000 |
| Noninterest income | 437,000 | 804,000 | 1,258,000 | 1,392,000 |
| Noninterest expense | 2,751,000 | 5,548,000 | 8,307,000 | 10,675,000 |
| Provision for loan losses | 104,000 | 209,000 | 280,000 | 280,000 |
| Pretax income | 872,000 | 1,616,000 | 2,471,000 | 3,410,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 872,000 | 1,616,000 | 2,471,000 | 3,410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,100,000 | 29,393,000 | 29,799,000 | 30,285,000 |
| Total capital | 31,756,000 | 32,182,000 | 32,647,000 | 33,115,000 |
| Risk-weighted assets | 255,258,000 | 248,309,000 | 247,524,000 | 247,306,000 |