Call reports 2022
SOUTHEAST FIRST NATIONAL BANK — 2022
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 69,036,000 | 67,142,000 | 64,396,000 | 60,275,000 |
| Total loans | 13,578,000 | 14,115,000 | 16,737,000 | 16,394,000 |
| Allowance for loan losses | 274,000 | 276,000 | 279,000 | 282,000 |
| Securities available for sale | 3,367,000 | 5,740,000 | 5,623,000 | 6,150,000 |
| Securities held to maturity | 29,703,000 | 31,193,000 | 31,620,000 | 31,105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,739,000 | 59,901,000 | 57,221,000 | 53,176,000 |
| Interest-bearing deposits | 38,968,000 | 36,574,000 | 34,896,000 | 34,214,000 |
| Noninterest-bearing deposits | 22,771,000 | 23,327,000 | 22,325,000 | 18,962,000 |
| Equity capital | 7,205,000 | 7,116,000 | 7,033,000 | 7,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 327,000 | 751,000 | 1,229,000 | 1,738,000 |
| Interest expense | 27,000 | 55,000 | 82,000 | 109,000 |
| Net interest income | 300,000 | 696,000 | 1,147,000 | 1,629,000 |
| Noninterest income | 150,000 | 173,000 | 197,000 | 221,000 |
| Noninterest expense | 334,000 | 779,000 | 1,235,000 | 1,747,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 113,000 | 84,000 | 100,000 | 91,000 |
| Income tax | 20,000 | 10,000 | 14,000 | 0 |
| Net income | 93,000 | 74,000 | 86,000 | 91,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,302,000 | 7,283,000 | 7,297,000 | 7,302,000 |