Call reports 2024
SOUTHEAST FIRST NATIONAL BANK — 2024
What SOUTHEAST FIRST NATIONAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 61,770,000 | 60,890,000 | 63,202,000 | 60,798,000 |
| Total loans | 17,777,000 | 18,078,000 | 18,710,000 | 17,573,000 |
| Allowance for loan losses | 296,000 | 296,000 | 325,000 | 328,000 |
| Securities available for sale | 4,820,000 | 3,355,000 | 2,916,000 | 2,422,000 |
| Securities held to maturity | 29,556,000 | 28,047,000 | 26,127,000 | 25,617,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,092,000 | 53,127,000 | 55,318,000 | 52,826,000 |
| Interest-bearing deposits | 40,046,000 | 39,155,000 | 40,728,000 | 39,592,000 |
| Noninterest-bearing deposits | 14,046,000 | 13,972,000 | 14,590,000 | 13,234,000 |
| Equity capital | 7,358,000 | 7,400,000 | 7,500,000 | 7,743,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 568,000 | 1,187,000 | 1,799,000 | 2,448,000 |
| Interest expense | 187,000 | 352,000 | 522,000 | 669,000 |
| Net interest income | 381,000 | 835,000 | 1,277,000 | 1,779,000 |
| Noninterest income | 38,000 | 61,000 | 212,000 | 416,000 |
| Noninterest expense | 405,000 | 860,000 | 1,317,000 | 1,718,000 |
| Provision for loan losses | 3,000 | 6,000 | 78,000 | 81,000 |
| Pretax income | 11,000 | 30,000 | 94,000 | 396,000 |
| Income tax | 0 | 1,000 | 9,000 | 71,000 |
| Net income | 11,000 | 29,000 | 85,000 | 325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,487,000 | 7,505,000 | 7,560,000 | 7,800,000 |