Call reports 2024
FIRSTBANK SOUTHWEST — 2024
What FIRSTBANK SOUTHWEST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,761,053,000 | 1,753,210,000 | 1,815,973,000 | 1,844,133,000 |
| Total loans | 1,280,001,000 | 1,334,727,000 | 1,308,135,000 | 1,345,580,000 |
| Allowance for loan losses | 15,958,000 | 16,651,000 | 16,388,000 | 15,667,000 |
| Securities available for sale | 309,909,000 | 306,973,000 | 295,380,000 | 282,779,000 |
| Securities held to maturity | 21,226,000 | 20,642,000 | 19,985,000 | 19,327,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,556,026,000 | 1,509,643,000 | 1,566,382,000 | 1,607,325,000 |
| Interest-bearing deposits | 1,243,306,000 | 1,196,574,000 | 1,238,596,000 | 1,260,915,000 |
| Noninterest-bearing deposits | 312,720,000 | 313,069,000 | 327,786,000 | 346,410,000 |
| Equity capital | 131,353,000 | 139,450,000 | 154,679,000 | 144,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 25,582,000 | 52,582,000 | 79,738,000 | 107,550,000 |
| Interest expense | 11,506,000 | 23,600,000 | 35,849,000 | 47,780,000 |
| Net interest income | 14,076,000 | 28,982,000 | 43,889,000 | 59,770,000 |
| Noninterest income | 2,712,000 | 5,287,000 | 7,896,000 | 10,614,000 |
| Noninterest expense | 10,868,000 | 22,041,000 | 33,000,000 | 44,543,000 |
| Provision for loan losses | 665,000 | 1,708,000 | 1,941,000 | 1,673,000 |
| Pretax income | 5,255,000 | 10,520,000 | 16,844,000 | 23,193,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,255,000 | 10,520,000 | 16,844,000 | 23,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 188,276,000 | 192,040,000 | 196,364,000 | 194,613,000 |
| Total capital | 203,716,000 | 208,175,000 | 212,235,000 | 210,738,000 |
| Risk-weighted assets | 1,530,512,000 | 1,569,182,000 | 1,542,526,000 | 1,574,298,000 |