Call reports 2002
FIRST SOUTHERN BANK — 2002
What FIRST SOUTHERN BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 126,508,000 | 121,096,000 | 99,288,000 | 95,357,000 |
| Total loans | 86,519,000 | 82,628,000 | 71,662,000 | 72,098,000 |
| Allowance for loan losses | 5,255,000 | 4,625,000 | 4,108,000 | 4,185,000 |
| Securities available for sale | 12,727,000 | 9,547,000 | 9,207,000 | 15,482,000 |
| Securities held to maturity | 3,200,000 | 3,173,000 | 3,146,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,153,000 | 107,874,000 | 84,706,000 | 81,192,000 |
| Interest-bearing deposits | 107,694,000 | 100,510,000 | 78,097,000 | 76,728,000 |
| Noninterest-bearing deposits | 5,459,000 | 7,364,000 | 6,609,000 | 4,464,000 |
| Equity capital | 7,293,000 | 7,253,000 | 8,430,000 | 8,238,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,925,000 | 3,725,000 | 5,366,000 | 6,791,000 |
| Interest expense | 1,056,000 | 1,941,000 | 2,696,000 | 3,271,000 |
| Net interest income | 869,000 | 1,784,000 | 2,670,000 | 3,520,000 |
| Noninterest income | 149,000 | 269,000 | 2,018,000 | 2,059,000 |
| Noninterest expense | 1,219,000 | 2,293,000 | 3,549,000 | 4,558,000 |
| Provision for loan losses | 170,000 | 283,000 | 633,000 | 633,000 |
| Pretax income | -371,000 | -464,000 | 565,000 | 504,000 |
| Income tax | 0 | 92,000 | 20,000 | -272,000 |
| Net income | -371,000 | -556,000 | 545,000 | 776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,423,000 | 7,238,000 | 8,341,000 | 8,120,000 |
| Total capital | 8,544,000 | 8,281,000 | 9,231,000 | 9,003,000 |
| Risk-weighted assets | 85,580,000 | 79,889,000 | 67,949,000 | 67,318,000 |