Call reports 2013
SOUTHEAST FIRST NATIONAL BANK — 2013
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 71,225,000 | 67,501,000 | 65,985,000 | 64,526,000 |
| Total loans | 12,626,000 | 12,375,000 | 12,188,000 | 11,774,000 |
| Allowance for loan losses | 300,000 | 311,000 | 299,000 | 301,000 |
| Securities available for sale | 6,496,000 | 6,236,000 | 6,620,000 | 6,566,000 |
| Securities held to maturity | 36,230,000 | 37,230,000 | 38,231,000 | 37,231,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,563,000 | 60,936,000 | 59,535,000 | 58,176,000 |
| Interest-bearing deposits | 57,533,000 | 53,658,000 | 49,733,000 | 48,718,000 |
| Noninterest-bearing deposits | 7,030,000 | 7,278,000 | 9,802,000 | 9,458,000 |
| Equity capital | 6,531,000 | 6,408,000 | 6,293,000 | 6,318,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 494,000 | 1,009,000 | 1,491,000 | 1,986,000 |
| Interest expense | 68,000 | 140,000 | 205,000 | 255,000 |
| Net interest income | 426,000 | 869,000 | 1,286,000 | 1,731,000 |
| Noninterest income | 34,000 | 75,000 | 117,000 | 157,000 |
| Noninterest expense | 378,000 | 776,000 | 1,176,000 | 1,641,000 |
| Provision for loan losses | 10,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 72,000 | 153,000 | 212,000 | 232,000 |
| Income tax | 24,000 | 59,000 | 76,000 | 35,000 |
| Net income | 48,000 | 94,000 | 136,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,532,000 | 6,578,000 | 6,540,000 | 6,601,000 |
| Total capital | 6,794,000 | 6,838,000 | 6,799,000 | 6,852,000 |
| Risk-weighted assets | 20,885,000 | 20,737,000 | 20,670,000 | 20,053,000 |