Call reports 2020
FIRST STATE BANK OF THE SOUTHEAST, INC — 2020
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 335,355,000 | 357,857,000 | 351,127,000 | 360,470,000 |
| Total loans | 274,048,000 | 281,838,000 | 280,173,000 | 276,854,000 |
| Allowance for loan losses | 2,796,000 | 1,446,000 | 3,182,000 | 3,156,000 |
| Securities available for sale | 31,101,000 | 28,917,000 | 26,063,000 | 26,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,020,000 | 314,009,000 | 305,486,000 | 315,793,000 |
| Interest-bearing deposits | 240,035,000 | 250,971,000 | 243,404,000 | 252,128,000 |
| Noninterest-bearing deposits | 52,985,000 | 63,038,000 | 62,082,000 | 63,665,000 |
| Equity capital | 30,949,000 | 32,464,000 | 34,028,000 | 33,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,753,000 | 7,777,000 | 11,371,000 | 14,868,000 |
| Interest expense | 778,000 | 1,429,000 | 2,012,000 | 2,521,000 |
| Net interest income | 2,975,000 | 6,348,000 | 9,359,000 | 12,347,000 |
| Noninterest income | 458,000 | 773,000 | 4,779,000 | 5,173,000 |
| Noninterest expense | 2,770,000 | 5,324,000 | 8,511,000 | 11,460,000 |
| Provision for loan losses | 170,000 | 380,000 | 2,130,000 | 2,630,000 |
| Pretax income | 493,000 | 1,485,000 | 3,565,000 | 3,498,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 493,000 | 1,485,000 | 3,565,000 | 3,498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,978,000 | 31,670,000 | 33,325,000 | 32,684,000 |
| Total capital | 33,774,000 | 33,116,000 | 36,507,000 | 35,840,000 |
| Risk-weighted assets | 258,266,000 | 266,090,000 | 259,651,000 | 256,937,000 |