Call reports 2014
AMERIFIRST BANK — 2014
What AMERIFIRST BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 144,928,000 | 144,198,000 | 147,158,000 | 143,222,000 |
| Total loans | 83,458,000 | 83,062,000 | 89,731,000 | 86,753,000 |
| Allowance for loan losses | 1,376,000 | 1,325,000 | 1,356,000 | 1,344,000 |
| Securities available for sale | 37,601,000 | 44,855,000 | 43,778,000 | 42,820,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,971,000 | 127,854,000 | 125,567,000 | 123,631,000 |
| Interest-bearing deposits | 105,464,000 | 102,598,000 | 101,146,000 | 98,264,000 |
| Noninterest-bearing deposits | 23,507,000 | 25,256,000 | 24,421,000 | 25,367,000 |
| Equity capital | 14,347,000 | 14,655,000 | 14,777,000 | 15,089,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,342,000 | 2,685,000 | 4,087,000 | 5,517,000 |
| Interest expense | 267,000 | 527,000 | 783,000 | 1,009,000 |
| Net interest income | 1,075,000 | 2,158,000 | 3,304,000 | 4,508,000 |
| Noninterest income | 148,000 | 298,000 | 419,000 | 477,000 |
| Noninterest expense | 1,176,000 | 2,336,000 | 3,482,000 | 4,562,000 |
| Provision for loan losses | 45,000 | 85,000 | 142,000 | 187,000 |
| Pretax income | 2,000 | 60,000 | 124,000 | 262,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,000 | 60,000 | 124,000 | 262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,491,000 | 14,558,000 | 14,619,000 | 14,759,000 |
| Total capital | 15,717,000 | 15,770,000 | 15,890,000 | 15,984,000 |
| Risk-weighted assets | 97,934,000 | 96,868,000 | 101,600,000 | 97,847,000 |