Call reports 2020
SOUTHFIRST BANK — 2020
What SOUTHFIRST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 80,698,000 | 88,449,000 | 89,395,000 | 89,161,000 |
| Total loans | 50,508,000 | 53,098,000 | 52,159,000 | 49,547,000 |
| Allowance for loan losses | 888,000 | 889,000 | 866,000 | 872,000 |
| Securities available for sale | 9,845,000 | 9,444,000 | 9,305,000 | 8,645,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,996,000 | 77,676,000 | 78,804,000 | 78,914,000 |
| Interest-bearing deposits | 60,912,000 | 64,549,000 | 64,501,000 | 65,442,000 |
| Noninterest-bearing deposits | 9,084,000 | 13,127,000 | 14,303,000 | 13,472,000 |
| Equity capital | 9,952,000 | 9,932,000 | 9,775,000 | 9,551,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 756,000 | 1,648,000 | 2,314,000 | 2,939,000 |
| Interest expense | 117,000 | 228,000 | 332,000 | 431,000 |
| Net interest income | 639,000 | 1,420,000 | 1,982,000 | 2,508,000 |
| Noninterest income | 153,000 | 66,000 | 131,000 | 199,000 |
| Noninterest expense | 773,000 | 1,560,000 | 2,336,000 | 3,139,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 19,000 | -74,000 | -223,000 | -437,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 19,000 | -74,000 | -223,000 | -437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,814,000 | 9,595,000 | 9,447,000 | 9,233,000 |
| Total capital | 10,393,000 | 10,157,000 | 10,016,000 | 9,787,000 |
| Risk-weighted assets | 46,047,000 | 44,662,000 | 45,293,000 | 44,064,000 |