Call reports 2018
AMERIFIRST BANK — 2018
What AMERIFIRST BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 185,185,000 | 186,208,000 | 178,824,000 | 175,171,000 |
| Total loans | 134,684,000 | 133,051,000 | 129,353,000 | 132,016,000 |
| Allowance for loan losses | 1,885,000 | 1,928,000 | 1,967,000 | 1,712,000 |
| Securities available for sale | 27,950,000 | 27,185,000 | 26,639,000 | 26,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,848,000 | 160,422,000 | 152,791,000 | 148,806,000 |
| Interest-bearing deposits | 127,023,000 | 127,553,000 | 119,640,000 | 116,285,000 |
| Noninterest-bearing deposits | 31,825,000 | 32,869,000 | 33,151,000 | 32,521,000 |
| Equity capital | 16,596,000 | 16,676,000 | 16,822,000 | 17,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,832,000 | 3,706,000 | 5,624,000 | 7,586,000 |
| Interest expense | 208,000 | 469,000 | 731,000 | 1,001,000 |
| Net interest income | 1,624,000 | 3,237,000 | 4,893,000 | 6,585,000 |
| Noninterest income | 182,000 | 327,000 | 484,000 | 631,000 |
| Noninterest expense | 1,431,000 | 2,789,000 | 4,125,000 | 5,505,000 |
| Provision for loan losses | 190,000 | 370,000 | 535,000 | 680,000 |
| Pretax income | 185,000 | 405,000 | 717,000 | 1,031,000 |
| Income tax | 24,000 | 80,000 | 155,000 | 227,000 |
| Net income | 161,000 | 325,000 | 562,000 | 804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,447,000 | 16,622,000 | 16,937,000 | 17,214,000 |
| Total capital | 18,322,000 | 18,414,000 | 18,666,000 | 18,926,000 |
| Risk-weighted assets | 150,001,000 | 148,112,000 | 146,706,000 | 146,957,000 |