Call reports 2016
SOUTHEAST FIRST NATIONAL BANK — 2016
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 62,038,000 | 62,186,000 | 60,255,000 | 60,683,000 |
| Total loans | 11,022,000 | 12,167,000 | 12,326,000 | 11,031,000 |
| Allowance for loan losses | 223,000 | 228,000 | 228,000 | 226,000 |
| Securities available for sale | 5,772,000 | 3,997,000 | 6,399,000 | 6,286,000 |
| Securities held to maturity | 29,980,000 | 26,986,000 | 28,361,000 | 31,361,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,077,000 | 55,147,000 | 53,197,000 | 53,831,000 |
| Interest-bearing deposits | 45,904,000 | 45,779,000 | 43,693,000 | 43,455,000 |
| Noninterest-bearing deposits | 9,173,000 | 9,368,000 | 9,504,000 | 10,376,000 |
| Equity capital | 6,785,000 | 6,824,000 | 6,849,000 | 6,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 427,000 | 864,000 | 1,285,000 | 1,697,000 |
| Interest expense | 46,000 | 95,000 | 145,000 | 194,000 |
| Net interest income | 381,000 | 769,000 | 1,140,000 | 1,503,000 |
| Noninterest income | 27,000 | 69,000 | 115,000 | 140,000 |
| Noninterest expense | 357,000 | 725,000 | 1,121,000 | 1,534,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 48,000 | 107,000 | 125,000 | 97,000 |
| Income tax | 9,000 | 27,000 | 21,000 | -24,000 |
| Net income | 39,000 | 80,000 | 104,000 | 121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,784,000 | 6,823,000 | 6,849,000 | 6,866,000 |
| Total capital | 7,000,000 | 7,039,000 | 7,075,000 | 7,084,000 |
| Risk-weighted assets | 17,244,000 | 17,266,000 | 18,098,000 | 17,454,000 |