Call reports 2007
FIRST SOUTHERN BANK — 2007
What FIRST SOUTHERN BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 101,500,000 | 105,003,000 | 106,406,000 | 104,850,000 |
| Total loans | 85,969,000 | 87,146,000 | 92,049,000 | 92,316,000 |
| Allowance for loan losses | 1,893,000 | 1,957,000 | 1,983,000 | 2,036,000 |
| Securities available for sale | 8,105,000 | 7,034,000 | 6,581,000 | 4,874,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,209,000 | 95,633,000 | 95,211,000 | 92,684,000 |
| Interest-bearing deposits | 78,954,000 | 83,603,000 | 81,081,000 | 80,950,000 |
| Noninterest-bearing deposits | 13,255,000 | 12,030,000 | 14,130,000 | 11,734,000 |
| Equity capital | 8,982,000 | 9,037,000 | 9,107,000 | 9,052,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,692,000 | 3,407,000 | 5,163,000 | 6,940,000 |
| Interest expense | 695,000 | 1,398,000 | 2,140,000 | 2,869,000 |
| Net interest income | 997,000 | 2,009,000 | 3,023,000 | 4,071,000 |
| Noninterest income | 169,000 | 349,000 | 512,000 | 724,000 |
| Noninterest expense | 1,070,000 | 2,152,000 | 3,282,000 | 4,559,000 |
| Provision for loan losses | -30,000 | -30,000 | -30,000 | -30,000 |
| Pretax income | 126,000 | 236,000 | 283,000 | 266,000 |
| Income tax | 20,000 | 52,000 | 67,000 | 132,000 |
| Net income | 106,000 | 184,000 | 216,000 | 134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,346,000 | 8,425,000 | 8,457,000 | 8,427,000 |
| Total capital | 9,285,000 | 9,382,000 | 9,476,000 | 9,430,000 |
| Risk-weighted assets | 74,163,000 | 75,538,000 | 80,577,000 | 79,195,000 |