Call reports 2005
AMERICANFIRST BANK — 2005
What AMERICANFIRST BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 15,098,000 | 23,751,000 | 27,770,000 | 25,932,000 |
| Total loans | 2,928,000 | 4,974,000 | 8,438,000 | 12,500,000 |
| Allowance for loan losses | 125,000 | 125,000 | 125,000 | 282,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 4,904,000 | 4,775,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,768,000 | 15,544,000 | 19,664,000 | 17,997,000 |
| Interest-bearing deposits | 5,375,000 | 14,214,000 | 18,228,000 | 16,144,000 |
| Noninterest-bearing deposits | 1,393,000 | 1,330,000 | 1,436,000 | 1,853,000 |
| Equity capital | 8,301,000 | 8,184,000 | 8,076,000 | 7,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 78,000 | 228,000 | 464,000 | 794,000 |
| Interest expense | 16,000 | 63,000 | 156,000 | 293,000 |
| Net interest income | 62,000 | 165,000 | 308,000 | 501,000 |
| Noninterest income | 30,000 | 70,000 | 111,000 | 130,000 |
| Noninterest expense | 337,000 | 666,000 | 1,022,000 | 1,352,000 |
| Provision for loan losses | 0 | 0 | 0 | 157,000 |
| Pretax income | -245,000 | -431,000 | -603,000 | -878,000 |
| Income tax | -92,000 | -162,000 | -225,000 | -328,000 |
| Net income | -153,000 | -269,000 | -378,000 | -550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,906,000 | 7,719,000 | 7,548,000 | 7,375,000 |
| Total capital | 7,969,000 | 7,813,000 | 7,673,000 | 7,553,000 |
| Risk-weighted assets | 4,964,000 | 7,541,000 | 10,699,000 | 14,170,000 |