Call reports 2022
FIRST STATE BANK OF THE SOUTHEAST, INC — 2022
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 362,407,000 | 363,421,000 | 377,652,000 | 398,189,000 |
| Total loans | 295,903,000 | 312,440,000 | 327,360,000 | 334,515,000 |
| Allowance for loan losses | 2,982,000 | 3,126,000 | 3,279,000 | 3,410,000 |
| Securities available for sale | 30,004,000 | 27,082,000 | 25,817,000 | 25,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,029,000 | 318,461,000 | 327,244,000 | 339,191,000 |
| Interest-bearing deposits | 234,591,000 | 234,788,000 | 242,398,000 | 250,959,000 |
| Noninterest-bearing deposits | 80,438,000 | 83,673,000 | 84,846,000 | 88,232,000 |
| Equity capital | 31,073,000 | 29,114,000 | 28,967,000 | 29,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,493,000 | 7,181,000 | 11,279,000 | 15,784,000 |
| Interest expense | 317,000 | 607,000 | 1,092,000 | 1,788,000 |
| Net interest income | 3,176,000 | 6,574,000 | 10,187,000 | 13,996,000 |
| Noninterest income | 656,000 | 1,179,000 | 1,758,000 | 2,387,000 |
| Noninterest expense | 2,917,000 | 5,890,000 | 8,995,000 | 12,025,000 |
| Provision for loan losses | 150,000 | 297,000 | 445,000 | 594,000 |
| Pretax income | 765,000 | 1,566,000 | 2,505,000 | 3,764,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 765,000 | 1,566,000 | 2,505,000 | 3,764,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,998,000 | 33,254,000 | 33,764,000 | 34,522,000 |
| Total capital | 35,980,000 | 36,380,000 | 37,043,000 | 37,932,000 |
| Risk-weighted assets | 281,812,000 | 287,373,000 | 300,349,000 | 311,746,000 |