Call reports 2013
SOUTHFIRST BANK — 2013
What SOUTHFIRST BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 103,794,000 | 103,031,000 | 100,869,000 | 98,741,000 |
| Total loans | 78,547,000 | 75,319,000 | 73,993,000 | 70,516,000 |
| Allowance for loan losses | 1,495,000 | 1,302,000 | 1,210,000 | 1,265,000 |
| Securities available for sale | 6,349,000 | 5,916,000 | 5,425,000 | 5,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,354,000 | 90,685,000 | 88,028,000 | 86,329,000 |
| Interest-bearing deposits | 84,722,000 | 83,580,000 | 81,308,000 | 79,982,000 |
| Noninterest-bearing deposits | 6,632,000 | 7,105,000 | 6,720,000 | 6,347,000 |
| Equity capital | 8,967,000 | 9,140,000 | 9,185,000 | 9,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,148,000 | 2,248,000 | 3,314,000 | 4,356,000 |
| Interest expense | 162,000 | 310,000 | 454,000 | 596,000 |
| Net interest income | 986,000 | 1,938,000 | 2,860,000 | 3,760,000 |
| Noninterest income | 293,000 | 599,000 | 853,000 | 1,077,000 |
| Noninterest expense | 1,035,000 | 2,049,000 | 3,040,000 | 3,892,000 |
| Provision for loan losses | 0 | 0 | 26,000 | 66,000 |
| Pretax income | 244,000 | 488,000 | 647,000 | 879,000 |
| Income tax | 27,000 | 27,000 | 27,000 | 27,000 |
| Net income | 217,000 | 461,000 | 620,000 | 852,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,833,000 | 9,081,000 | 9,243,000 | 9,477,000 |
| Total capital | 9,699,000 | 9,939,000 | 10,094,000 | 10,284,000 |
| Risk-weighted assets | 68,711,000 | 68,209,000 | 67,720,000 | 64,099,000 |