Call reports 2013
AMERIFIRST BANK — 2013
What AMERIFIRST BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 151,125,000 | 150,781,000 | 143,612,000 | 144,154,000 |
| Total loans | 93,300,000 | 94,798,000 | 88,869,000 | 86,549,000 |
| Allowance for loan losses | 1,719,000 | 1,735,000 | 1,487,000 | 1,360,000 |
| Securities available for sale | 37,829,000 | 34,637,000 | 34,463,000 | 35,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,943,000 | 129,243,000 | 126,281,000 | 128,438,000 |
| Interest-bearing deposits | 102,866,000 | 103,061,000 | 102,025,000 | 105,538,000 |
| Noninterest-bearing deposits | 26,077,000 | 26,182,000 | 24,256,000 | 22,900,000 |
| Equity capital | 16,694,000 | 15,967,000 | 15,711,000 | 14,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,457,000 | 2,909,000 | 4,359,000 | 5,733,000 |
| Interest expense | 296,000 | 588,000 | 874,000 | 1,154,000 |
| Net interest income | 1,161,000 | 2,321,000 | 3,485,000 | 4,579,000 |
| Noninterest income | 66,000 | -204,000 | -255,000 | -364,000 |
| Noninterest expense | 1,218,000 | 2,258,000 | 3,438,000 | 4,680,000 |
| Provision for loan losses | 624,000 | 624,000 | 634,000 | 812,000 |
| Pretax income | -615,000 | -752,000 | -829,000 | -1,264,000 |
| Income tax | 0 | 0 | 0 | 1,085,000 |
| Net income | -615,000 | -752,000 | -829,000 | -2,349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,376,000 | 15,209,000 | 15,131,000 | 14,485,000 |
| Total capital | 16,711,000 | 16,568,000 | 16,409,000 | 15,743,000 |
| Risk-weighted assets | 106,392,000 | 108,321,000 | 101,998,000 | 100,557,000 |