Call reports 2022
FIRST SOUTHERN BANK — 2022
What FIRST SOUTHERN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 433,264,000 | 478,878,000 | 510,441,000 | 558,320,000 |
| Total loans | 370,339,000 | 403,087,000 | 437,924,000 | 453,061,000 |
| Allowance for loan losses | 4,664,000 | 5,115,000 | 5,566,000 | 6,048,000 |
| Securities available for sale | 18,913,000 | 18,038,000 | 16,755,000 | 16,652,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,211,000 | 406,411,000 | 426,157,000 | 512,481,000 |
| Interest-bearing deposits | 304,578,000 | 341,598,000 | 369,024,000 | 460,631,000 |
| Noninterest-bearing deposits | 73,633,000 | 64,813,000 | 57,133,000 | 51,850,000 |
| Equity capital | 34,518,000 | 41,723,000 | 42,840,000 | 44,477,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,161,000 | 9,002,000 | 14,737,000 | 21,760,000 |
| Interest expense | 178,000 | 498,000 | 1,262,000 | 3,165,000 |
| Net interest income | 3,983,000 | 8,504,000 | 13,475,000 | 18,595,000 |
| Noninterest income | 561,000 | 1,000,000 | 1,435,000 | 1,840,000 |
| Noninterest expense | 2,369,000 | 4,758,000 | 7,399,000 | 10,162,000 |
| Provision for loan losses | 334,000 | 784,000 | 1,234,000 | 1,734,000 |
| Pretax income | 1,937,000 | 4,021,000 | 6,334,000 | 8,600,000 |
| Income tax | 351,000 | 794,000 | 1,473,000 | 2,109,000 |
| Net income | 1,586,000 | 3,227,000 | 4,861,000 | 6,491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,074,000 | 42,616,000 | 44,215,000 | 45,755,000 |