Call reports 2018
SOUTHFIRST BANK — 2018
What SOUTHFIRST BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 88,014,000 | 86,574,000 | 84,260,000 | 82,355,000 |
| Total loans | 52,668,000 | 52,085,000 | 52,588,000 | 51,084,000 |
| Allowance for loan losses | 927,000 | 949,000 | 929,000 | 992,000 |
| Securities available for sale | 13,833,000 | 13,190,000 | 12,486,000 | 12,068,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,198,000 | 75,937,000 | 73,650,000 | 72,009,000 |
| Interest-bearing deposits | 69,704,000 | 68,081,000 | 65,724,000 | 64,135,000 |
| Noninterest-bearing deposits | 7,494,000 | 7,856,000 | 7,926,000 | 7,874,000 |
| Equity capital | 9,739,000 | 9,546,000 | 9,458,000 | 9,452,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 840,000 | 1,678,000 | 2,519,000 | 3,352,000 |
| Interest expense | 101,000 | 204,000 | 308,000 | 422,000 |
| Net interest income | 739,000 | 1,474,000 | 2,211,000 | 2,930,000 |
| Noninterest income | 137,000 | 293,000 | 439,000 | 736,000 |
| Noninterest expense | 872,000 | 1,745,000 | 2,676,000 | 3,622,000 |
| Provision for loan losses | 0 | 20,000 | 41,000 | 103,000 |
| Pretax income | 4,000 | 2,000 | -67,000 | -59,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,000 | 2,000 | -67,000 | -59,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,203,000 | 10,070,000 | 10,001,000 | 9,934,000 |
| Total capital | 10,848,000 | 10,714,000 | 10,644,000 | 10,556,000 |
| Risk-weighted assets | 51,324,000 | 51,265,000 | 51,171,000 | 49,412,000 |