Call reports 2010
AMERIFIRST BANK — 2010
What AMERIFIRST BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 157,800,000 | 158,766,000 | 158,807,000 | 159,973,000 |
| Total loans | 109,529,000 | 108,836,000 | 109,470,000 | 104,968,000 |
| Allowance for loan losses | 1,804,000 | 2,183,000 | 1,639,000 | 1,531,000 |
| Securities available for sale | 32,739,000 | 34,739,000 | 31,366,000 | 38,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,299,000 | 134,797,000 | 134,280,000 | 137,058,000 |
| Interest-bearing deposits | 114,285,000 | 116,023,000 | 117,335,000 | 117,496,000 |
| Noninterest-bearing deposits | 18,014,000 | 18,774,000 | 16,945,000 | 19,562,000 |
| Equity capital | 16,977,000 | 16,798,000 | 17,341,000 | 16,419,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,910,000 | 3,827,000 | 5,773,000 | 7,602,000 |
| Interest expense | 438,000 | 890,000 | 1,355,000 | 1,780,000 |
| Net interest income | 1,472,000 | 2,937,000 | 4,418,000 | 5,822,000 |
| Noninterest income | 147,000 | 308,000 | 471,000 | 572,000 |
| Noninterest expense | 1,233,000 | 2,425,000 | 3,683,000 | 5,158,000 |
| Provision for loan losses | 150,000 | 933,000 | 1,173,000 | 1,323,000 |
| Pretax income | 252,000 | -61,000 | 363,000 | 245,000 |
| Income tax | 38,000 | -146,000 | -35,000 | -117,000 |
| Net income | 214,000 | 85,000 | 398,000 | 362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,137,000 | 16,855,000 | 17,168,000 | 17,051,000 |
| Total capital | 18,716,000 | 18,414,000 | 18,677,000 | 18,499,000 |
| Risk-weighted assets | 126,065,000 | 124,082,000 | 120,598,000 | 115,755,000 |