Call reports 2020
SOUTHEAST FIRST NATIONAL BANK — 2020
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 51,306,000 | 50,969,000 | 55,241,000 | 54,647,000 |
| Total loans | 18,356,000 | 22,491,000 | 23,149,000 | 16,800,000 |
| Allowance for loan losses | 251,000 | 253,000 | 257,000 | 260,000 |
| Securities available for sale | 0 | 1,500,000 | 3,000,000 | 2,000,000 |
| Securities held to maturity | 21,520,000 | 14,481,000 | 14,916,000 | 18,416,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,180,000 | 43,664,000 | 47,925,000 | 47,319,000 |
| Interest-bearing deposits | 33,539,000 | 30,313,000 | 31,041,000 | 33,409,000 |
| Noninterest-bearing deposits | 10,641,000 | 13,351,000 | 16,884,000 | 13,910,000 |
| Equity capital | 7,016,000 | 7,164,000 | 7,162,000 | 7,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 465,000 | 989,000 | 1,366,000 | 1,976,000 |
| Interest expense | 105,000 | 159,000 | 206,000 | 244,000 |
| Net interest income | 360,000 | 830,000 | 1,160,000 | 1,732,000 |
| Noninterest income | 25,000 | 57,000 | 94,000 | 139,000 |
| Noninterest expense | 348,000 | 675,000 | 1,052,000 | 1,554,000 |
| Provision for loan losses | 3,000 | 5,000 | 8,000 | 11,000 |
| Pretax income | 34,000 | 207,000 | 194,000 | 306,000 |
| Income tax | 0 | 24,000 | 13,000 | 32,000 |
| Net income | 34,000 | 183,000 | 181,000 | 274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,016,000 | 7,164,000 | 7,162,000 | 7,255,000 |
| Total capital | — | — | — | 7,488,000 |
| Risk-weighted assets | — | — | — | 18,582,000 |