Call reports 2019
AMERIFIRST BANK — 2019
What AMERIFIRST BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 181,124,000 | 184,070,000 | 185,330,000 | 184,178,000 |
| Total loans | 139,325,000 | 139,999,000 | 136,561,000 | 140,593,000 |
| Allowance for loan losses | 1,852,000 | 2,000,000 | 1,909,000 | 1,924,000 |
| Securities available for sale | 24,139,000 | 23,080,000 | 21,661,000 | 19,858,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,421,000 | 153,803,000 | 156,112,000 | 154,225,000 |
| Interest-bearing deposits | 118,221,000 | 121,539,000 | 123,397,000 | 122,086,000 |
| Noninterest-bearing deposits | 33,200,000 | 32,264,000 | 32,715,000 | 32,139,000 |
| Equity capital | 20,559,000 | 21,022,000 | 19,799,000 | 20,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,990,000 | 4,082,000 | 6,158,000 | 8,305,000 |
| Interest expense | 280,000 | 603,000 | 966,000 | 1,313,000 |
| Net interest income | 1,710,000 | 3,479,000 | 5,192,000 | 6,992,000 |
| Noninterest income | 158,000 | 328,000 | 501,000 | 668,000 |
| Noninterest expense | 1,451,000 | 2,897,000 | 4,289,000 | 5,847,000 |
| Provision for loan losses | 125,000 | 265,000 | 355,000 | 395,000 |
| Pretax income | 324,000 | 686,000 | 1,095,000 | 1,461,000 |
| Income tax | -66,000 | 26,000 | 115,000 | 199,000 |
| Net income | 390,000 | 660,000 | 980,000 | 1,262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,597,000 | 20,707,000 | 19,534,000 | 19,872,000 |
| Total capital | 22,449,000 | 22,611,000 | 21,393,000 | 21,796,000 |
| Risk-weighted assets | 151,371,000 | 152,213,000 | 148,673,000 | 154,421,000 |