Call reports 2016
AMERIFIRST BANK — 2016
What AMERIFIRST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 148,516,000 | 147,746,000 | 151,104,000 | 152,519,000 |
| Total loans | 90,656,000 | 99,518,000 | 104,551,000 | 111,034,000 |
| Allowance for loan losses | 1,590,000 | 1,606,000 | 1,518,000 | 1,524,000 |
| Securities available for sale | 40,710,000 | 38,481,000 | 35,487,000 | 32,218,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,351,000 | 126,537,000 | 130,336,000 | 130,679,000 |
| Interest-bearing deposits | 101,249,000 | 98,688,000 | 101,653,000 | 102,271,000 |
| Noninterest-bearing deposits | 27,102,000 | 27,849,000 | 28,683,000 | 28,408,000 |
| Equity capital | 15,549,000 | 15,765,000 | 15,934,000 | 15,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,355,000 | 2,803,000 | 4,304,000 | 5,868,000 |
| Interest expense | 100,000 | 199,000 | 303,000 | 413,000 |
| Net interest income | 1,255,000 | 2,604,000 | 4,001,000 | 5,455,000 |
| Noninterest income | 165,000 | 307,000 | 453,000 | 601,000 |
| Noninterest expense | 1,290,000 | 2,658,000 | 4,045,000 | 5,454,000 |
| Provision for loan losses | 0 | 0 | 0 | 35,000 |
| Pretax income | 147,000 | 274,000 | 432,000 | 591,000 |
| Income tax | 6,000 | 6,000 | 6,000 | 6,000 |
| Net income | 141,000 | 268,000 | 426,000 | 585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,956,000 | 15,083,000 | 15,387,000 | 15,528,000 |
| Total capital | 16,183,000 | 16,473,000 | 16,808,000 | 17,001,000 |
| Risk-weighted assets | 97,763,000 | 111,012,000 | 113,615,000 | 117,826,000 |