Call reports 2021
AMERIFIRST BANK — 2021
What AMERIFIRST BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 302,724,000 | 301,097,000 | 311,432,000 | 317,034,000 |
| Total loans | 183,075,000 | 190,001,000 | 200,216,000 | 202,609,000 |
| Allowance for loan losses | 2,205,000 | 2,263,000 | 2,305,000 | 2,362,000 |
| Securities available for sale | 51,827,000 | 46,023,000 | 43,919,000 | 44,468,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,511,000 | 264,090,000 | 277,089,000 | 281,140,000 |
| Interest-bearing deposits | 192,411,000 | 193,334,000 | 207,037,000 | 208,523,000 |
| Noninterest-bearing deposits | 74,100,000 | 70,756,000 | 70,052,000 | 72,617,000 |
| Equity capital | 25,986,000 | 26,821,000 | 27,003,000 | 28,525,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,491,000 | 5,507,000 | 7,979,000 | 10,493,000 |
| Interest expense | 227,000 | 396,000 | 602,000 | 796,000 |
| Net interest income | 2,264,000 | 5,111,000 | 7,377,000 | 9,697,000 |
| Noninterest income | 300,000 | 584,000 | 823,000 | 1,105,000 |
| Noninterest expense | 2,100,000 | 4,299,000 | 6,463,000 | 8,682,000 |
| Provision for loan losses | 43,000 | 98,000 | 128,000 | 183,000 |
| Pretax income | 418,000 | 1,318,000 | 1,626,000 | 1,947,000 |
| Income tax | 89,000 | 297,000 | 367,000 | 435,000 |
| Net income | 329,000 | 1,021,000 | 1,259,000 | 1,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,221,000 | 23,164,000 | 23,528,000 | 25,518,000 |
| Total capital | — | 25,427,000 | 25,833,000 | 27,880,000 |
| Risk-weighted assets | — | 208,610,000 | 217,244,000 | 221,886,000 |