Call reports 2018
SOUTHEAST FIRST NATIONAL BANK — 2018
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 57,584,000 | 58,278,000 | 57,324,000 | 58,363,000 |
| Total loans | 15,046,000 | 18,523,000 | 17,362,000 | 16,448,000 |
| Allowance for loan losses | 238,000 | 239,000 | 240,000 | 243,000 |
| Securities available for sale | 6,217,000 | 6,199,000 | 6,183,000 | 6,232,000 |
| Securities held to maturity | 30,335,000 | 30,335,000 | 30,264,000 | 30,264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,648,000 | 50,284,000 | 50,312,000 | 51,384,000 |
| Interest-bearing deposits | 41,935,000 | 40,762,000 | 40,697,000 | 41,422,000 |
| Noninterest-bearing deposits | 8,713,000 | 9,522,000 | 9,615,000 | 9,962,000 |
| Equity capital | 6,846,000 | 6,868,000 | 6,864,000 | 6,920,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 533,000 | 1,011,000 | 1,482,000 | 1,996,000 |
| Interest expense | 57,000 | 136,000 | 247,000 | 358,000 |
| Net interest income | 476,000 | 875,000 | 1,235,000 | 1,638,000 |
| Noninterest income | 26,000 | 55,000 | 89,000 | 121,000 |
| Noninterest expense | 368,000 | 762,000 | 1,157,000 | 1,574,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 131,000 | 162,000 | 158,000 | 173,000 |
| Income tax | 17,000 | 13,000 | 0 | -2,000 |
| Net income | 114,000 | 149,000 | 158,000 | 175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,991,000 | 7,026,000 | 7,035,000 | 7,052,000 |
| Total capital | 7,229,000 | 7,265,000 | 7,275,000 | 7,295,000 |
| Risk-weighted assets | 20,524,000 | 24,640,000 | 23,452,000 | 22,596,000 |