Call reports 2022
AMERIFIRST BANK — 2022
What AMERIFIRST BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 321,134,000 | 316,659,000 | 313,165,000 | 304,317,000 |
| Total loans | 203,376,000 | 214,757,000 | 224,328,000 | 229,441,000 |
| Allowance for loan losses | 2,400,000 | 2,445,000 | 2,485,000 | 2,337,000 |
| Securities available for sale | 42,422,000 | 43,303,000 | 44,544,000 | 43,607,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,734,000 | 287,675,000 | 284,946,000 | 273,900,000 |
| Interest-bearing deposits | 214,975,000 | 219,275,000 | 212,542,000 | 207,261,000 |
| Noninterest-bearing deposits | 76,759,000 | 68,400,000 | 72,404,000 | 66,639,000 |
| Equity capital | 27,123,000 | 26,462,000 | 25,788,000 | 27,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,439,000 | 5,150,000 | 8,253,000 | 11,614,000 |
| Interest expense | 149,000 | 275,000 | 432,000 | 708,000 |
| Net interest income | 2,290,000 | 4,875,000 | 7,821,000 | 10,906,000 |
| Noninterest income | 281,000 | 595,000 | 887,000 | 1,161,000 |
| Noninterest expense | 2,299,000 | 4,560,000 | 6,854,000 | 9,106,000 |
| Provision for loan losses | 37,000 | 82,000 | 127,000 | 212,000 |
| Pretax income | 205,000 | 773,000 | 1,637,000 | 2,664,000 |
| Income tax | 42,000 | 177,000 | 388,000 | 636,000 |
| Net income | 163,000 | 596,000 | 1,249,000 | 2,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,742,000 | 26,235,000 | 26,949,000 | 27,787,000 |
| Total capital | 28,142,000 | 28,680,000 | 29,434,000 | 30,124,000 |
| Risk-weighted assets | 224,527,000 | 231,945,000 | 243,325,000 | 244,723,000 |