Call reports 2023
FIRST SOUTHERN BANK — 2023
What FIRST SOUTHERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 554,384,000 | 587,538,000 | 588,984,000 | 640,589,000 |
| Total loans | 476,072,000 | 497,775,000 | 506,021,000 | 509,781,000 |
| Allowance for loan losses | 6,386,000 | 6,121,000 | 6,713,000 | 6,172,000 |
| Securities available for sale | 14,971,000 | 14,244,000 | 13,500,000 | 13,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,460,000 | 512,790,000 | 514,855,000 | 563,862,000 |
| Interest-bearing deposits | 456,154,000 | 467,699,000 | 469,397,000 | 514,028,000 |
| Noninterest-bearing deposits | 50,306,000 | 45,091,000 | 45,458,000 | 49,834,000 |
| Equity capital | 46,362,000 | 54,872,000 | 56,443,000 | 58,989,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,752,000 | 16,233,000 | 25,505,000 | 35,482,000 |
| Interest expense | 2,767,000 | 6,080,000 | 10,028,000 | 14,372,000 |
| Net interest income | 4,985,000 | 10,153,000 | 15,477,000 | 21,110,000 |
| Noninterest income | 379,000 | 789,000 | 1,184,000 | 1,566,000 |
| Noninterest expense | 2,717,000 | 5,499,000 | 8,365,000 | 11,150,000 |
| Provision for loan losses | 270,000 | 660,000 | 1,260,000 | 1,510,000 |
| Pretax income | 2,373,000 | 4,733,000 | 6,993,000 | 9,956,000 |
| Income tax | 569,000 | 1,146,000 | 1,695,000 | 2,449,000 |
| Net income | 1,804,000 | 3,587,000 | 5,298,000 | 7,507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,549,000 | 56,232,000 | 57,943,000 | 59,983,000 |