Call reports 2004
FIRST SOUTHERN NATIONAL BANK — 2004
What FIRST SOUTHERN NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 64,209,000 | 74,282,000 | 85,842,000 | 95,633,000 |
| Total loans | 52,204,000 | 60,289,000 | 67,998,000 | 71,252,000 |
| Allowance for loan losses | 785,000 | 885,000 | 930,000 | 1,000,000 |
| Securities available for sale | 4,910,000 | 5,182,000 | 6,812,000 | 7,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,622,000 | 64,808,000 | 75,582,000 | 84,688,000 |
| Interest-bearing deposits | 51,610,000 | 57,272,000 | 67,768,000 | 77,819,000 |
| Noninterest-bearing deposits | 7,012,000 | 7,535,000 | 7,814,000 | 6,869,000 |
| Equity capital | 5,497,000 | 6,257,000 | 6,913,000 | 7,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 804,000 | 1,697,000 | 2,766,000 | 3,971,000 |
| Interest expense | 203,000 | 434,000 | 731,000 | 1,112,000 |
| Net interest income | 601,000 | 1,263,000 | 2,035,000 | 2,859,000 |
| Noninterest income | 162,000 | 307,000 | 465,000 | 607,000 |
| Noninterest expense | 613,000 | 1,235,000 | 1,893,000 | 2,551,000 |
| Provision for loan losses | 119,000 | 237,000 | 317,000 | 405,000 |
| Pretax income | 31,000 | 98,000 | 290,000 | 510,000 |
| Income tax | 0 | -428,000 | -355,000 | -279,000 |
| Net income | 31,000 | 526,000 | 645,000 | 789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,500,000 | 6,294,000 | 6,913,000 | 7,572,000 |
| Total capital | 6,219,000 | 7,125,000 | 7,843,000 | 8,571,000 |
| Risk-weighted assets | 57,456,000 | 66,416,000 | 75,259,000 | 79,912,000 |