Call reports 2012
SOUTHFIRST BANK — 2012
What SOUTHFIRST BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 120,465,000 | 114,566,000 | 106,671,000 | 105,687,000 |
| Total loans | 87,980,000 | 86,856,000 | 83,976,000 | 81,383,000 |
| Allowance for loan losses | 1,486,000 | 1,595,000 | 1,687,000 | 1,548,000 |
| Securities available for sale | 7,956,000 | 7,597,000 | 7,307,000 | 6,768,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,575,000 | 98,617,000 | 95,698,000 | 93,696,000 |
| Interest-bearing deposits | 98,321,000 | 91,492,000 | 89,723,000 | 87,803,000 |
| Noninterest-bearing deposits | 6,254,000 | 7,125,000 | 5,975,000 | 5,893,000 |
| Equity capital | 7,481,000 | 7,588,000 | 7,770,000 | 8,766,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,352,000 | 2,669,000 | 3,921,000 | 5,123,000 |
| Interest expense | 351,000 | 650,000 | 860,000 | 1,036,000 |
| Net interest income | 1,001,000 | 2,019,000 | 3,061,000 | 4,087,000 |
| Noninterest income | 315,000 | 606,000 | 1,004,000 | 1,189,000 |
| Noninterest expense | 1,070,000 | 2,045,000 | 3,043,000 | 4,000,000 |
| Provision for loan losses | 250,000 | 489,000 | 789,000 | 866,000 |
| Pretax income | -4,000 | 91,000 | 233,000 | 410,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -4,000 | 91,000 | 233,000 | 410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,373,000 | 7,471,000 | 7,616,000 | 8,613,000 |
| Total capital | 8,388,000 | 8,433,000 | 8,530,000 | 9,556,000 |
| Risk-weighted assets | 80,715,000 | 76,358,000 | 72,367,000 | 74,856,000 |