First Southern Bank: Loan Modifications and Restructuring
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Data as of · Call Report Schedules RC-C Memoranda and RC-N How we update
First Southern Bank reported all 8 line items on this page on its Q3 2026 filing. Modified loans and leases was $5.2M in Q3 2026, down 29.3% from $7.3M in Q3 2025. That is 0.8% of its total assets. Across the 12 quarters shown it ranged from $33K (Q4 2023) to $19.5M (Q3 2024).
The standout move of Q3 2026 was in Net charge-off ratio: 3.79 percentage points higher than in Q2 2026, at 3.24%.
Modified loans
Modified loans to total loans changed the most here, up 0.94 points to 1.15% in Q3 2026 from 0.21% in Q2 2026.
| Line item | Q3 2026 |
|---|---|
| Modified loans and leases | $5.2M |
| Modified loans to total loans | 1.15% |
| Nonperforming assets excluding restructured loans, to assets | 7.49% |
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Read against the nonperforming book
| Line item | Q3 2026 |
|---|---|
| Nonperforming loans to total loans | 9.72% |
| Nonaccrual loans to loans | 9.70% |
| Loans 90+ days past due to loans | 0.02% |
| Net charge-off ratio | 3.24% |
| Allowance for credit losses to loans | 2.39% |
Shown side by side so the modified share can be compared with recognized nonperforming loans and with what has already been charged off.
Loan Modifications and Restructuring trend
A modified share rising while the nonperforming share stays flat is the pattern worth investigating.
Loan Modifications and Restructuring by quarter
| Quarter | Modified loans | Nonperforming loans | Net charge-offs |
|---|---|---|---|
| Q4 2023 | 0.01% | 0.00% | 0.63% |
| Q1 2024 | 0.39% | 0.21% | -0.01% |
| Q2 2024 | 1.41% | 0.34% | 0.52% |
| Q3 2024 | 3.57% | 0.33% | 0.01% |
| Q4 2024 | 2.20% | 3.02% | 0.86% |
| Q1 2025 | 0.77% | 5.85% | 0.48% |
| Q2 2025 | 1.16% | 5.73% | 3.57% |
| Q3 2025 | 1.41% | 6.34% | 1.39% |
| Q4 2025 | 0.37% | 5.94% | 1.35% |
| Q1 2026 | 0.21% | 7.38% | 9.67% |
| Q2 2026 | 0.21% | 10.86% | -0.55% |
| Q3 2026 | 1.15% | 9.72% | 3.24% |
First Southern Bank loan modifications and restructuring, quarter by quarter
Loan Modifications and Restructuring since Q3 2021 · peer percentiles on every line item · watchlist alerts
Unlock this bank, freeSource: Call Report Schedules RC-C Memoranda and RC-N, Q3 2026. Open the filed call report for Q3 2026 on the FFIEC CDR. How this page is built. See the full First Southern Bank profile or its peer group comparison.
Regulator records: FDIC BankFind (cert 29332) · FFIEC NIC profile (RSSD 66275)