Call reports 2008
FIRST SOUTHERN NATIONAL BANK — 2008
What FIRST SOUTHERN NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 317,369,000 | 338,093,000 | 229,270,000 | 233,327,000 |
| Total loans | 179,488,000 | 195,423,000 | 195,621,000 | 189,406,000 |
| Allowance for loan losses | 2,245,000 | 3,753,000 | 3,173,000 | 3,058,000 |
| Securities available for sale | 113,971,000 | 114,229,000 | 14,626,000 | 20,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,524,000 | 291,308,000 | 190,754,000 | 197,516,000 |
| Interest-bearing deposits | 264,202,000 | 273,267,000 | 174,683,000 | 179,874,000 |
| Noninterest-bearing deposits | 21,322,000 | 18,041,000 | 16,071,000 | 17,642,000 |
| Equity capital | 15,738,000 | 19,662,000 | 20,267,000 | 19,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,821,000 | 7,697,000 | 11,194,000 | 14,412,000 |
| Interest expense | 2,123,000 | 4,369,000 | 6,222,000 | 7,838,000 |
| Net interest income | 1,698,000 | 3,328,000 | 4,972,000 | 6,574,000 |
| Noninterest income | 309,000 | 660,000 | 992,000 | 1,360,000 |
| Noninterest expense | 1,370,000 | 2,763,000 | 4,146,000 | 5,583,000 |
| Provision for loan losses | 186,000 | 2,072,000 | 1,797,000 | 3,547,000 |
| Pretax income | 451,000 | -847,000 | 21,000 | -1,196,000 |
| Income tax | 153,000 | -308,000 | -20,000 | -515,000 |
| Net income | 298,000 | -539,000 | 41,000 | -681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,582,000 | 19,746,000 | 20,325,000 | 19,604,000 |
| Total capital | 17,827,000 | 22,472,000 | 22,776,000 | 22,013,000 |
| Risk-weighted assets | 204,537,000 | 218,415,000 | 195,884,000 | 191,334,000 |