Call reports 2020
AMERIFIRST BANK — 2020
What AMERIFIRST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 189,223,000 | 204,772,000 | 207,319,000 | 298,494,000 |
| Total loans | 140,658,000 | 158,654,000 | 159,949,000 | 180,699,000 |
| Allowance for loan losses | 1,974,000 | 2,116,000 | 2,130,000 | 2,129,000 |
| Securities available for sale | 18,177,000 | 16,653,000 | 15,125,000 | 56,380,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,758,000 | 173,380,000 | 175,711,000 | 262,253,000 |
| Interest-bearing deposits | 123,335,000 | 124,199,000 | 122,423,000 | 192,617,000 |
| Noninterest-bearing deposits | 35,423,000 | 49,181,000 | 53,288,000 | 69,636,000 |
| Equity capital | 20,063,000 | 20,812,000 | 21,136,000 | 25,786,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,118,000 | 4,684,000 | 6,753,000 | 9,007,000 |
| Interest expense | 324,000 | 600,000 | 828,000 | 1,041,000 |
| Net interest income | 1,794,000 | 4,084,000 | 5,925,000 | 7,966,000 |
| Noninterest income | 160,000 | 303,000 | 465,000 | 639,000 |
| Noninterest expense | 1,515,000 | 3,022,000 | 4,539,000 | 6,157,000 |
| Provision for loan losses | 50,000 | 190,000 | 200,000 | 200,000 |
| Pretax income | 400,000 | 1,186,000 | 1,657,000 | 2,256,000 |
| Income tax | 96,000 | 288,000 | 402,000 | 584,000 |
| Net income | 304,000 | 898,000 | 1,255,000 | 1,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,820,000 | 20,396,000 | 20,739,000 | 22,784,000 |
| Total capital | 21,735,000 | 22,511,000 | 22,869,000 | — |
| Risk-weighted assets | 153,217,000 | 171,979,000 | 171,477,000 | — |