Call reports 2019
FIRST STATE BANK OF THE SOUTHEAST, INC — 2019
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 356,904,000 | 350,916,000 | 346,798,000 | 354,165,000 |
| Total loans | 282,010,000 | 278,254,000 | 270,974,000 | 270,236,000 |
| Allowance for loan losses | 2,394,000 | 2,663,000 | 2,631,000 | 2,627,000 |
| Securities available for sale | 34,987,000 | 34,463,000 | 33,026,000 | 36,314,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 306,961,000 | 299,727,000 | 295,512,000 | 293,586,000 |
| Interest-bearing deposits | 250,113,000 | 247,981,000 | 242,026,000 | 240,616,000 |
| Noninterest-bearing deposits | 56,848,000 | 51,746,000 | 53,486,000 | 52,970,000 |
| Equity capital | 32,010,000 | 32,674,000 | 30,578,000 | 30,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,884,000 | 7,855,000 | 11,718,000 | 15,399,000 |
| Interest expense | 815,000 | 1,716,000 | 2,636,000 | 3,409,000 |
| Net interest income | 3,069,000 | 6,139,000 | 9,082,000 | 11,990,000 |
| Noninterest income | 447,000 | 729,000 | 1,201,000 | 1,668,000 |
| Noninterest expense | 2,780,000 | 5,534,000 | 9,977,000 | 12,706,000 |
| Provision for loan losses | 35,000 | 70,000 | 805,000 | 840,000 |
| Pretax income | 701,000 | 1,264,000 | -495,000 | 116,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 701,000 | 1,264,000 | -495,000 | 116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,472,000 | 32,734,000 | 30,600,000 | 30,835,000 |
| Total capital | 34,866,000 | 35,397,000 | 33,231,000 | 33,462,000 |
| Risk-weighted assets | 264,347,000 | 262,414,000 | 257,263,000 | 258,862,000 |