Call reports 2024
FIRST SOUTHERN BANK — 2024
What FIRST SOUTHERN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 613,010,000 | 628,498,000 | 638,352,000 | 679,143,000 |
| Total loans | 528,619,000 | 537,438,000 | 546,178,000 | 550,325,000 |
| Allowance for loan losses | 6,878,000 | 7,099,000 | 7,388,000 | 6,815,000 |
| Securities available for sale | 13,094,000 | 11,932,000 | 11,784,000 | 11,479,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 534,189,000 | 522,821,000 | 530,177,000 | 570,133,000 |
| Interest-bearing deposits | 493,203,000 | 481,166,000 | 489,964,000 | 528,923,000 |
| Noninterest-bearing deposits | 40,986,000 | 41,655,000 | 40,213,000 | 41,210,000 |
| Equity capital | 60,767,000 | 62,537,000 | 64,962,000 | 66,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,411,000 | 20,894,000 | 32,072,000 | 42,436,000 |
| Interest expense | 4,418,000 | 8,964,000 | 13,813,000 | 18,335,000 |
| Net interest income | 5,993,000 | 11,930,000 | 18,259,000 | 24,101,000 |
| Noninterest income | 402,000 | 828,000 | 1,259,000 | 1,727,000 |
| Noninterest expense | 3,043,000 | 6,155,000 | 9,653,000 | 13,208,000 |
| Provision for loan losses | 690,000 | 1,606,000 | 1,905,000 | 2,505,000 |
| Pretax income | 2,664,000 | 4,990,000 | 7,957,000 | 10,116,000 |
| Income tax | 648,000 | 1,221,000 | 1,948,000 | 2,421,000 |
| Net income | 2,016,000 | 3,769,000 | 6,009,000 | 7,695,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,928,000 | 63,657,000 | 65,831,000 | 67,288,000 |