Call reports 2021
FIRST STATE BANK OF THE SOUTHEAST, INC — 2021
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 358,329,000 | 358,226,000 | 362,190,000 | 361,414,000 |
| Total loans | 275,947,000 | 276,074,000 | 280,076,000 | 288,465,000 |
| Allowance for loan losses | 3,157,000 | 2,772,000 | 2,774,000 | 2,834,000 |
| Securities available for sale | 30,261,000 | 30,169,000 | 35,832,000 | 34,313,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,178,000 | 313,915,000 | 317,275,000 | 317,439,000 |
| Interest-bearing deposits | 239,991,000 | 240,555,000 | 239,863,000 | 236,922,000 |
| Noninterest-bearing deposits | 74,187,000 | 73,360,000 | 77,412,000 | 80,517,000 |
| Equity capital | 33,597,000 | 33,563,000 | 33,990,000 | 33,269,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,739,000 | 7,343,000 | 10,800,000 | 14,366,000 |
| Interest expense | 423,000 | 820,000 | 1,195,000 | 1,547,000 |
| Net interest income | 3,316,000 | 6,523,000 | 9,605,000 | 12,819,000 |
| Noninterest income | 868,000 | 1,588,000 | 2,414,000 | 3,402,000 |
| Noninterest expense | 2,758,000 | 5,688,000 | 8,624,000 | 11,932,000 |
| Provision for loan losses | 0 | 375,000 | 375,000 | 725,000 |
| Pretax income | 1,426,000 | 2,048,000 | 3,020,000 | 3,564,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,426,000 | 2,048,000 | 3,020,000 | 3,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,310,000 | 32,957,000 | 33,159,000 | 32,833,000 |
| Total capital | 36,440,000 | 35,729,000 | 35,933,000 | 35,667,000 |
| Risk-weighted assets | 250,384,000 | 253,580,000 | 263,701,000 | 269,792,000 |