Call reports 2023
FIRST STATE BANK OF THE SOUTHEAST, INC — 2023
What FIRST STATE BANK OF THE SOUTHEAST, INC reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 390,484,000 | 392,917,000 | 404,443,000 | 401,496,000 |
| Total loans | 343,502,000 | 347,451,000 | 350,207,000 | 349,512,000 |
| Allowance for loan losses | 3,674,000 | 4,074,000 | 4,164,000 | 4,145,000 |
| Securities available for sale | 25,520,000 | 24,700,000 | 23,136,000 | 24,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,890,000 | 333,783,000 | 348,817,000 | 349,279,000 |
| Interest-bearing deposits | 251,009,000 | 250,606,000 | 264,536,000 | 277,208,000 |
| Noninterest-bearing deposits | 85,881,000 | 83,177,000 | 84,281,000 | 72,071,000 |
| Equity capital | 29,907,000 | 30,008,000 | 29,834,000 | 31,269,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,668,000 | 9,534,000 | 14,625,000 | 19,943,000 |
| Interest expense | 1,098,000 | 2,488,000 | 4,158,000 | 6,109,000 |
| Net interest income | 3,570,000 | 7,046,000 | 10,467,000 | 13,834,000 |
| Noninterest income | 711,000 | 1,377,000 | 2,026,000 | 2,711,000 |
| Noninterest expense | 2,982,000 | 6,027,000 | 9,104,000 | 12,036,000 |
| Provision for loan losses | 145,000 | 292,000 | 392,000 | 380,000 |
| Pretax income | 1,154,000 | 2,104,000 | 2,997,000 | 4,117,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,154,000 | 2,104,000 | 2,997,000 | 4,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,470,000 | 34,720,000 | 35,388,000 | 35,715,000 |
| Total capital | 38,144,000 | 38,744,000 | 39,440,000 | 39,740,000 |
| Risk-weighted assets | 311,931,000 | 321,793,000 | 323,963,000 | 321,806,000 |