Call reports 2009
AMERICANFIRST BANK — 2009
What AMERICANFIRST BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 94,580,000 | 95,831,000 | 109,359,000 | 90,497,000 |
| Total loans | 72,851,000 | 73,011,000 | 73,756,000 | 70,788,000 |
| Allowance for loan losses | 1,142,000 | 1,443,000 | 1,491,000 | 5,902,000 |
| Securities available for sale | 5,860,000 | 4,460,000 | 9,735,000 | 4,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,332,000 | 79,071,000 | 92,945,000 | 81,887,000 |
| Interest-bearing deposits | 73,328,000 | 75,664,000 | 89,394,000 | 77,899,000 |
| Noninterest-bearing deposits | 4,004,000 | 3,407,000 | 3,551,000 | 3,988,000 |
| Equity capital | 9,033,000 | 8,470,000 | 8,164,000 | 373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,058,000 | 2,029,000 | 2,960,000 | 4,001,000 |
| Interest expense | 658,000 | 1,189,000 | 1,783,000 | 2,376,000 |
| Net interest income | 400,000 | 840,000 | 1,177,000 | 1,625,000 |
| Noninterest income | 15,000 | 49,000 | 65,000 | 81,000 |
| Noninterest expense | 743,000 | 1,554,000 | 2,441,000 | 3,281,000 |
| Provision for loan losses | 225,000 | 775,000 | 825,000 | 5,725,000 |
| Pretax income | -553,000 | -1,440,000 | -2,024,000 | -7,199,000 |
| Income tax | -208,000 | -541,000 | -761,000 | 1,780,000 |
| Net income | -345,000 | -899,000 | -1,263,000 | -8,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,016,000 | 6,125,000 | 5,578,000 | 343,000 |
| Total capital | 7,985,000 | 7,105,000 | 6,570,000 | 686,000 |
| Risk-weighted assets | 77,415,000 | 77,965,000 | 80,099,000 | 74,592,000 |