Call reports 2007
FIRST SOUTHERN NATIONAL BANK — 2007
What FIRST SOUTHERN NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 179,703,000 | 190,556,000 | 196,280,000 | 201,225,000 |
| Total loans | 154,385,000 | 155,455,000 | 165,197,000 | 172,573,000 |
| Allowance for loan losses | 1,959,000 | 2,098,000 | 2,027,000 | 2,102,000 |
| Securities available for sale | 11,961,000 | 12,971,000 | 13,930,000 | 13,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,653,000 | 160,212,000 | 163,224,000 | 169,467,000 |
| Interest-bearing deposits | 129,323,000 | 140,108,000 | 141,432,000 | 150,471,000 |
| Noninterest-bearing deposits | 20,330,000 | 20,104,000 | 21,792,000 | 18,996,000 |
| Equity capital | 13,880,000 | 14,252,000 | 14,809,000 | 15,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,710,000 | 7,387,000 | 11,232,000 | 15,070,000 |
| Interest expense | 1,848,000 | 3,678,000 | 5,647,000 | 7,647,000 |
| Net interest income | 1,862,000 | 3,709,000 | 5,585,000 | 7,423,000 |
| Noninterest income | 285,000 | 537,000 | 822,000 | 1,071,000 |
| Noninterest expense | 1,358,000 | 2,615,000 | 3,846,000 | 5,039,000 |
| Provision for loan losses | 220,000 | 370,000 | 545,000 | 795,000 |
| Pretax income | 569,000 | 1,261,000 | 2,016,000 | 2,660,000 |
| Income tax | 210,000 | 466,000 | 743,000 | 935,000 |
| Net income | 359,000 | 795,000 | 1,273,000 | 1,725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,919,000 | 14,355,000 | 14,833,000 | 15,284,000 |
| Total capital | 15,878,000 | 16,350,000 | 16,860,000 | 17,386,000 |
| Risk-weighted assets | 158,131,000 | 159,462,000 | 167,689,000 | 172,954,000 |