Call reports 2011
SOUTHEAST FIRST NATIONAL BANK — 2011
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 68,496,000 | 66,844,000 | 64,027,000 | 64,719,000 |
| Total loans | 15,660,000 | 15,497,000 | 15,009,000 | 14,201,000 |
| Allowance for loan losses | 266,000 | 300,000 | 329,000 | 271,000 |
| Securities available for sale | 6,799,000 | 6,944,000 | 4,015,000 | 4,005,000 |
| Securities held to maturity | 30,434,000 | 28,147,000 | 28,646,000 | 31,697,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,259,000 | 60,390,000 | 57,548,000 | 58,046,000 |
| Interest-bearing deposits | 55,290,000 | 54,223,000 | 51,138,000 | 51,379,000 |
| Noninterest-bearing deposits | 6,969,000 | 6,167,000 | 6,410,000 | 6,667,000 |
| Equity capital | 6,076,000 | 6,280,000 | 6,308,000 | 6,359,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 701,000 | 1,395,000 | 2,042,000 | 2,676,000 |
| Interest expense | 149,000 | 286,000 | 411,000 | 538,000 |
| Net interest income | 552,000 | 1,109,000 | 1,631,000 | 2,138,000 |
| Noninterest income | 53,000 | 128,000 | 180,000 | 256,000 |
| Noninterest expense | 404,000 | 845,000 | 1,277,000 | 1,723,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 171,000 | 332,000 | 444,000 | 551,000 |
| Income tax | 51,000 | 103,000 | 154,000 | 205,000 |
| Net income | 120,000 | 229,000 | 290,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,209,000 | 6,317,000 | 6,298,000 | 6,354,000 |
| Total capital | 6,475,000 | 6,589,000 | 6,562,000 | 6,614,000 |
| Risk-weighted assets | 23,367,000 | 21,785,000 | 21,081,000 | 20,801,000 |