Call reports 2011
AMERIFIRST BANK — 2011
What AMERIFIRST BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 155,164,000 | 151,075,000 | 147,131,000 | 145,444,000 |
| Total loans | 103,868,000 | 97,636,000 | 94,383,000 | 92,077,000 |
| Allowance for loan losses | 1,616,000 | 1,364,000 | 1,615,000 | 1,727,000 |
| Securities available for sale | 38,646,000 | 38,208,000 | 39,343,000 | 31,784,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,337,000 | 127,563,000 | 122,763,000 | 121,929,000 |
| Interest-bearing deposits | 111,950,000 | 107,682,000 | 104,462,000 | 101,615,000 |
| Noninterest-bearing deposits | 20,387,000 | 19,881,000 | 18,301,000 | 20,314,000 |
| Equity capital | 16,689,000 | 17,237,000 | 17,414,000 | 17,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,746,000 | 3,469,000 | 5,120,000 | 6,736,000 |
| Interest expense | 382,000 | 741,000 | 1,095,000 | 1,440,000 |
| Net interest income | 1,364,000 | 2,728,000 | 4,025,000 | 5,296,000 |
| Noninterest income | 136,000 | 257,000 | 373,000 | 480,000 |
| Noninterest expense | 1,269,000 | 2,656,000 | 3,918,000 | 5,145,000 |
| Provision for loan losses | 125,000 | 175,000 | 1,061,000 | 1,179,000 |
| Pretax income | 107,000 | 155,000 | -496,000 | -450,000 |
| Income tax | 12,000 | -6,000 | -274,000 | -288,000 |
| Net income | 95,000 | 161,000 | -222,000 | -162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,146,000 | 17,211,000 | 15,793,000 | 15,822,000 |
| Total capital | 18,575,000 | 18,566,000 | 17,124,000 | 17,108,000 |
| Risk-weighted assets | 114,162,000 | 108,417,000 | 106,160,000 | 102,404,000 |