Call reports 2024
FIRST BANK — 2024
What FIRST BANK 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 | 555,426,000 | 562,790,000 | 548,255,000 | 540,804,000 |
| Total loans | 356,641,000 | 368,075,000 | 370,986,000 | 371,048,000 |
| Allowance for loan losses | 5,196,000 | 5,135,000 | 4,922,000 | 5,676,000 |
| Securities available for sale | 1,467,000 | 3,910,000 | 18,996,000 | 18,696,000 |
| Securities held to maturity | 118,399,000 | 98,962,000 | 98,502,000 | 86,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 482,265,000 | 488,738,000 | 472,805,000 | 464,411,000 |
| Interest-bearing deposits | 371,560,000 | 369,410,000 | 362,572,000 | 348,980,000 |
| Noninterest-bearing deposits | 110,705,000 | 119,328,000 | 110,233,000 | 115,431,000 |
| Equity capital | 69,221,000 | 69,857,000 | 70,724,000 | 72,082,000 |
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 | 6,567,000 | 13,454,000 | 20,640,000 | 27,593,000 |
| Interest expense | 1,940,000 | 4,023,000 | 6,234,000 | 8,329,000 |
| Net interest income | 4,627,000 | 9,431,000 | 14,406,000 | 19,264,000 |
| Noninterest income | 1,001,000 | 2,188,000 | 3,261,000 | 4,577,000 |
| Noninterest expense | 3,759,000 | 7,667,000 | 11,521,000 | 15,413,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 1,137,000 |
| Pretax income | 1,719,000 | 3,652,000 | 5,696,000 | 7,291,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,719,000 | 3,652,000 | 5,696,000 | 7,291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,424,000 | 70,053,000 | 70,792,000 | 72,387,000 |