Call reports 2002
FIRST SOUTHERN NATIONAL BANK — 2002
What FIRST SOUTHERN NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 15,807,000 | 18,862,000 | 22,500,000 | 31,907,000 |
| Total loans | 3,904,000 | 10,748,000 | 16,822,000 | 24,147,000 |
| Allowance for loan losses | 56,000 | 160,000 | 250,000 | 375,000 |
| Securities available for sale | 2,982,000 | 3,022,000 | 2,032,000 | 3,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,426,000 | 12,708,000 | 16,342,000 | 26,075,000 |
| Interest-bearing deposits | 5,528,000 | 8,904,000 | 12,420,000 | 20,624,000 |
| Noninterest-bearing deposits | 3,898,000 | 3,804,000 | 3,922,000 | 5,451,000 |
| Equity capital | 6,324,000 | 6,131,000 | 5,958,000 | 5,756,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 75,000 | 263,000 | 527,000 | 884,000 |
| Interest expense | 7,000 | 31,000 | 77,000 | 166,000 |
| Net interest income | 68,000 | 232,000 | 450,000 | 718,000 |
| Noninterest income | 9,000 | 59,000 | 133,000 | 217,000 |
| Noninterest expense | 374,000 | 704,000 | 1,082,000 | 1,513,000 |
| Provision for loan losses | 56,000 | 160,000 | 250,000 | 375,000 |
| Pretax income | -353,000 | -573,000 | -749,000 | -953,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -353,000 | -573,000 | -749,000 | -953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,347,000 | 6,127,000 | 5,951,000 | 5,742,000 |
| Total capital | 6,403,000 | 6,287,000 | 6,201,000 | 6,090,000 |
| Risk-weighted assets | 7,324,000 | 13,248,000 | 19,520,000 | 27,780,000 |