Call reports 2017
AMERIFIRST BANK — 2017
What AMERIFIRST BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 170,470,000 | 178,570,000 | 184,425,000 | 179,563,000 |
| Total loans | 125,893,000 | 127,084,000 | 132,762,000 | 130,953,000 |
| Allowance for loan losses | 1,672,000 | 1,703,000 | 1,660,000 | 1,646,000 |
| Securities available for sale | 31,312,000 | 30,522,000 | 29,838,000 | 29,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,873,000 | 152,734,000 | 158,217,000 | 152,760,000 |
| Interest-bearing deposits | 117,001,000 | 123,874,000 | 124,747,000 | 122,712,000 |
| Noninterest-bearing deposits | 28,872,000 | 28,860,000 | 33,470,000 | 30,048,000 |
| Equity capital | 15,555,000 | 15,950,000 | 16,146,000 | 16,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,685,000 | 3,422,000 | 5,264,000 | 7,164,000 |
| Interest expense | 137,000 | 304,000 | 493,000 | 696,000 |
| Net interest income | 1,548,000 | 3,118,000 | 4,771,000 | 6,468,000 |
| Noninterest income | 170,000 | 315,000 | 432,000 | 594,000 |
| Noninterest expense | 1,480,000 | 2,879,000 | 4,260,000 | 5,656,000 |
| Provision for loan losses | 135,000 | 160,000 | 285,000 | 430,000 |
| Pretax income | 103,000 | 394,000 | 658,000 | 976,000 |
| Income tax | 0 | 6,000 | 32,000 | -569,000 |
| Net income | 103,000 | 388,000 | 626,000 | 1,545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,436,000 | 15,839,000 | 15,990,000 | 16,399,000 |
| Total capital | 17,108,000 | 17,542,000 | 17,650,000 | 18,045,000 |
| Risk-weighted assets | 135,708,000 | 136,772,000 | 145,224,000 | 142,590,000 |