Call reports 2020
FIRST SOUTHERN BANK — 2020
What FIRST SOUTHERN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 278,224,000 | 322,469,000 | 334,023,000 | 345,272,000 |
| Total loans | 226,270,000 | 280,229,000 | 287,940,000 | 286,225,000 |
| Allowance for loan losses | 3,025,000 | 3,485,000 | 3,666,000 | 3,839,000 |
| Securities available for sale | 19,957,000 | 19,085,000 | 18,181,000 | 17,285,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,645,000 | 278,606,000 | 284,262,000 | 314,953,000 |
| Interest-bearing deposits | 222,650,000 | 236,619,000 | 240,109,000 | 267,387,000 |
| Noninterest-bearing deposits | 27,995,000 | 41,987,000 | 44,153,000 | 47,566,000 |
| Equity capital | 26,906,000 | 27,635,000 | 29,015,000 | 29,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,990,000 | 6,740,000 | 10,035,000 | 13,282,000 |
| Interest expense | 585,000 | 1,026,000 | 1,416,000 | 1,766,000 |
| Net interest income | 2,405,000 | 5,714,000 | 8,619,000 | 11,516,000 |
| Noninterest income | 351,000 | 728,000 | 1,403,000 | 1,697,000 |
| Noninterest expense | 1,726,000 | 3,540,000 | 5,355,000 | 7,458,000 |
| Provision for loan losses | 120,000 | 580,000 | 760,000 | 940,000 |
| Pretax income | 910,000 | 2,322,000 | 3,910,000 | 4,818,000 |
| Income tax | 204,000 | 584,000 | 736,000 | 1,082,000 |
| Net income | 706,000 | 1,738,000 | 3,174,000 | 3,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,593,000 | 27,175,000 | 28,530,000 | 28,794,000 |