Call reports 2023
SOUTHEAST FIRST NATIONAL BANK — 2023
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 62,447,000 | 59,506,000 | 62,820,000 | 62,433,000 |
| Total loans | 16,557,000 | 16,399,000 | 17,753,000 | 16,588,000 |
| Allowance for loan losses | 285,000 | 287,000 | 290,000 | 293,000 |
| Securities available for sale | 6,214,000 | 6,178,000 | 5,703,000 | 5,287,000 |
| Securities held to maturity | 31,034,000 | 31,015,000 | 30,606,000 | 30,098,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,273,000 | 51,843,000 | 55,105,000 | 54,778,000 |
| Interest-bearing deposits | 40,448,000 | 37,814,000 | 42,009,000 | 40,304,000 |
| Noninterest-bearing deposits | 14,825,000 | 14,029,000 | 13,096,000 | 14,474,000 |
| Equity capital | 7,065,000 | 7,431,000 | 7,425,000 | 7,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 475,000 | 1,005,000 | 1,536,000 | 2,108,000 |
| Interest expense | 39,000 | 138,000 | 290,000 | 461,000 |
| Net interest income | 436,000 | 867,000 | 1,246,000 | 1,647,000 |
| Noninterest income | 21,000 | 471,000 | 497,000 | 523,000 |
| Noninterest expense | 400,000 | 788,000 | 1,219,000 | 1,719,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 54,000 | 544,000 | 515,000 | 439,000 |
| Income tax | 12,000 | 104,000 | 96,000 | 24,000 |
| Net income | 42,000 | 440,000 | 419,000 | 415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,264,000 | 7,662,000 | 7,640,000 | 7,636,000 |