Call reports 2010
FIRST SOUTHERN NATIONAL BANK — 2010
What FIRST SOUTHERN NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 230,464,000 | 222,845,000 | 206,673,000 | 173,627,000 |
| Total loans | 159,404,000 | 155,474,000 | 142,060,000 | 129,617,000 |
| Allowance for loan losses | 4,930,000 | 5,163,000 | 4,987,000 | 6,001,000 |
| Securities available for sale | 42,142,000 | 35,549,000 | 25,875,000 | 20,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,980,000 | 202,721,000 | 190,118,000 | 167,045,000 |
| Interest-bearing deposits | 196,501,000 | 187,847,000 | 174,765,000 | 154,163,000 |
| Noninterest-bearing deposits | 13,480,000 | 14,874,000 | 15,354,000 | 12,882,000 |
| Equity capital | 19,915,000 | 19,585,000 | 16,075,000 | 6,121,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,590,000 | 5,060,000 | 7,198,000 | 9,071,000 |
| Interest expense | 1,191,000 | 2,298,000 | 3,206,000 | 3,939,000 |
| Net interest income | 1,399,000 | 2,762,000 | 3,992,000 | 5,132,000 |
| Noninterest income | 239,000 | 464,000 | -898,000 | -1,627,000 |
| Noninterest expense | 1,451,000 | 2,901,000 | 3,800,000 | 5,325,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 4,750,000 | 11,755,000 |
| Pretax income | -563,000 | -946,000 | -5,071,000 | -13,175,000 |
| Income tax | -200,000 | -325,000 | -525,000 | 1,189,000 |
| Net income | -363,000 | -621,000 | -4,546,000 | -14,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,822,000 | 18,538,000 | 14,869,000 | 5,950,000 |
| Total capital | 20,877,000 | 20,538,000 | 16,759,000 | 7,591,000 |
| Risk-weighted assets | 161,564,000 | 157,929,000 | 148,106,000 | 126,583,000 |