Call reports 2008
FIRST SOUTHERN BANK — 2008
What FIRST SOUTHERN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 108,003,000 | 107,134,000 | 107,070,000 | 112,702,000 |
| Total loans | 88,217,000 | 88,541,000 | 91,692,000 | 97,620,000 |
| Allowance for loan losses | 2,043,000 | 1,780,000 | 1,769,000 | 1,736,000 |
| Securities available for sale | 5,108,000 | 8,004,000 | 8,149,000 | 6,223,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,572,000 | 97,587,000 | 97,248,000 | 99,265,000 |
| Interest-bearing deposits | 87,534,000 | 86,749,000 | 87,807,000 | 87,185,000 |
| Noninterest-bearing deposits | 11,038,000 | 10,838,000 | 9,441,000 | 12,080,000 |
| Equity capital | 9,131,000 | 9,207,000 | 9,072,000 | 9,238,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,670,000 | 3,331,000 | 4,964,000 | 6,632,000 |
| Interest expense | 661,000 | 1,236,000 | 1,808,000 | 2,373,000 |
| Net interest income | 1,009,000 | 2,095,000 | 3,156,000 | 4,259,000 |
| Noninterest income | 206,000 | 595,000 | 819,000 | 1,019,000 |
| Noninterest expense | 1,189,000 | 2,329,000 | 3,673,000 | 4,926,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 26,000 | 361,000 | 299,000 | 365,000 |
| Income tax | -31,000 | 195,000 | 223,000 | 226,000 |
| Net income | 57,000 | 166,000 | 76,000 | 139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,485,000 | 8,593,000 | 8,503,000 | 8,718,000 |
| Total capital | 9,467,000 | 9,578,000 | 9,495,000 | 9,769,000 |
| Risk-weighted assets | 77,523,000 | 78,017,000 | 78,552,000 | 83,368,000 |