Call reports 2019
SOUTHFIRST BANK — 2019
What SOUTHFIRST BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 83,059,000 | 80,999,000 | 78,904,000 | 76,911,000 |
| Total loans | 53,201,000 | 55,216,000 | 54,962,000 | 52,401,000 |
| Allowance for loan losses | 1,014,000 | 977,000 | 952,000 | 836,000 |
| Securities available for sale | 11,734,000 | 11,359,000 | 10,809,000 | 10,346,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,466,000 | 70,336,000 | 68,283,000 | 66,181,000 |
| Interest-bearing deposits | 63,444,000 | 61,482,000 | 59,343,000 | 57,821,000 |
| Noninterest-bearing deposits | 9,022,000 | 8,854,000 | 8,940,000 | 8,360,000 |
| Equity capital | 9,669,000 | 9,696,000 | 9,612,000 | 9,844,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 868,000 | 1,722,000 | 2,552,000 | 3,358,000 |
| Interest expense | 128,000 | 264,000 | 401,000 | 529,000 |
| Net interest income | 740,000 | 1,458,000 | 2,151,000 | 2,829,000 |
| Noninterest income | 148,000 | 352,000 | 604,000 | 818,000 |
| Noninterest expense | 931,000 | 1,884,000 | 2,802,000 | 3,667,000 |
| Provision for loan losses | 19,000 | 29,000 | 199,000 | 56,000 |
| Pretax income | -62,000 | -103,000 | -246,000 | -76,000 |
| Income tax | -62,000 | -62,000 | -62,000 | -62,000 |
| Net income | 0 | -41,000 | -184,000 | -14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,933,000 | 9,767,000 | 9,625,000 | 9,795,000 |
| Total capital | 10,565,000 | 10,400,000 | 10,248,000 | 10,391,000 |
| Risk-weighted assets | 50,189,000 | 50,357,000 | 49,568,000 | 47,493,000 |