Call reports 2017
SOUTHFIRST BANK — 2017
What SOUTHFIRST BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 89,824,000 | 89,792,000 | 88,599,000 | 91,116,000 |
| Total loans | 59,845,000 | 55,311,000 | 53,634,000 | 52,256,000 |
| Allowance for loan losses | 915,000 | 917,000 | 918,000 | 921,000 |
| Securities available for sale | 7,985,000 | 9,050,000 | 12,901,000 | 13,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,996,000 | 78,839,000 | 77,521,000 | 80,080,000 |
| Interest-bearing deposits | 71,333,000 | 71,652,000 | 69,767,000 | 72,397,000 |
| Noninterest-bearing deposits | 7,663,000 | 7,187,000 | 7,754,000 | 7,683,000 |
| Equity capital | 9,923,000 | 10,019,000 | 10,057,000 | 9,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 817,000 | 1,625,000 | 2,456,000 | 3,278,000 |
| Interest expense | 97,000 | 198,000 | 298,000 | 401,000 |
| Net interest income | 720,000 | 1,427,000 | 2,158,000 | 2,877,000 |
| Noninterest income | 276,000 | 613,000 | 878,000 | 1,040,000 |
| Noninterest expense | 898,000 | 1,844,000 | 2,755,000 | 3,562,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 98,000 | 196,000 | 281,000 | 355,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 98,000 | 196,000 | 281,000 | 355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,041,000 | 10,038,000 | 10,124,000 | 10,198,000 |
| Total capital | 10,737,000 | 10,696,000 | 10,769,000 | 10,838,000 |
| Risk-weighted assets | 55,526,000 | 52,409,000 | 51,387,000 | 50,973,000 |