Yes you have bodyfat, so what. If I were you I would bulk up and don't quit bulking until your ready to cut weight. You have some mass nice traps but it looks like you could use some size in the arm department. Keep up the good work.
Hey man, you got great size. I would now work on shaping it some more. I would put some empahsis on shoulders and traps. Some hyperextenions for your lower back would not hurt either.