Call reports 2016
SOUTHFIRST BANK — 2016
What SOUTHFIRST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 91,857,000 | 88,924,000 | 89,798,000 | 88,882,000 |
| Total loans | 59,269,000 | 59,369,000 | 59,003,000 | 58,407,000 |
| Allowance for loan losses | 925,000 | 935,000 | 939,000 | 906,000 |
| Securities available for sale | 7,950,000 | 8,645,000 | 9,140,000 | 8,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,158,000 | 78,006,000 | 78,108,000 | 78,047,000 |
| Interest-bearing deposits | 71,709,000 | 70,754,000 | 69,986,000 | 70,942,000 |
| Noninterest-bearing deposits | 7,449,000 | 7,252,000 | 8,122,000 | 7,105,000 |
| Equity capital | 9,773,000 | 9,846,000 | 9,887,000 | 9,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 809,000 | 1,651,000 | 2,501,000 | 3,369,000 |
| Interest expense | 107,000 | 209,000 | 311,000 | 410,000 |
| Net interest income | 702,000 | 1,442,000 | 2,190,000 | 2,959,000 |
| Noninterest income | 241,000 | 563,000 | 802,000 | 1,062,000 |
| Noninterest expense | 846,000 | 1,790,000 | 2,717,000 | 3,594,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 97,000 | 215,000 | 275,000 | 427,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 97,000 | 215,000 | 275,000 | 427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,713,000 | 9,730,000 | 9,791,000 | 9,942,000 |
| Total capital | 10,394,000 | 10,417,000 | 10,475,000 | 10,623,000 |
| Risk-weighted assets | 54,251,000 | 54,753,000 | 54,540,000 | 54,316,000 |