Call reports 2024
INSOUTH BANK — 2024
What INSOUTH 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 | 509,941,000 | 512,251,000 | 524,937,000 | 531,153,000 |
| Total loans | 387,363,000 | 397,161,000 | 404,263,000 | 408,307,000 |
| Allowance for loan losses | 5,580,000 | 5,583,000 | 5,673,000 | 5,657,000 |
| Securities available for sale | 65,654,000 | 62,648,000 | 67,595,000 | 67,279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 464,752,000 | 462,723,000 | 465,252,000 | 476,547,000 |
| Interest-bearing deposits | 354,464,000 | 350,071,000 | 359,888,000 | 378,824,000 |
| Noninterest-bearing deposits | 110,288,000 | 112,652,000 | 105,364,000 | 97,723,000 |
| Equity capital | 39,978,000 | 40,378,000 | 42,307,000 | 41,259,000 |
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 | 7,426,000 | 14,953,000 | 22,701,000 | 30,490,000 |
| Interest expense | 2,279,000 | 4,698,000 | 7,398,000 | 9,982,000 |
| Net interest income | 5,147,000 | 10,255,000 | 15,303,000 | 20,508,000 |
| Noninterest income | 939,000 | 1,867,000 | 3,196,000 | 4,159,000 |
| Noninterest expense | 4,744,000 | 9,516,000 | 14,312,000 | 19,087,000 |
| Provision for loan losses | 9,000 | 15,000 | 103,000 | 124,000 |
| Pretax income | 1,333,000 | 2,591,000 | 4,084,000 | 5,456,000 |
| Income tax | -60,000 | 257,000 | 636,000 | 614,000 |
| Net income | 1,393,000 | 2,334,000 | 3,448,000 | 4,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,483,000 | 46,674,000 | 47,038,000 | 47,682,000 |