Call reports 2021
SOUTHEAST FIRST NATIONAL BANK — 2021
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 73,913,000 | 75,763,000 | 72,337,000 | 62,189,000 |
| Total loans | 15,442,000 | 18,419,000 | 19,347,000 | 14,678,000 |
| Allowance for loan losses | 261,000 | 264,000 | 268,000 | 271,000 |
| Securities available for sale | 500,000 | 0 | 500,000 | 1,485,000 |
| Securities held to maturity | 21,771,000 | 26,457,000 | 23,786,000 | 24,278,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,512,000 | 68,131,000 | 64,735,000 | 54,859,000 |
| Interest-bearing deposits | 52,465,000 | 53,913,000 | 50,350,000 | 38,426,000 |
| Noninterest-bearing deposits | 14,047,000 | 14,218,000 | 14,385,000 | 16,433,000 |
| Equity capital | 7,288,000 | 7,450,000 | 7,416,000 | 7,277,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 328,000 | 928,000 | 1,295,000 | 1,648,000 |
| Interest expense | 38,000 | 70,000 | 102,000 | 130,000 |
| Net interest income | 290,000 | 858,000 | 1,193,000 | 1,518,000 |
| Noninterest income | 149,000 | 173,000 | 187,000 | 218,000 |
| Noninterest expense | 293,000 | 689,000 | 1,086,000 | 1,610,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 143,000 | 336,000 | 285,000 | 114,000 |
| Income tax | 30,000 | 61,000 | 44,000 | 0 |
| Net income | 113,000 | 275,000 | 241,000 | 114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,288,000 | 7,450,000 | 7,416,000 | 7,289,000 |