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 | 1,447,307,000 | 1,457,627,000 | 1,451,559,000 | 2,011,866,000 |
| Total loans | 972,975,000 | 989,976,000 | 994,720,000 | 1,467,004,000 |
| Allowance for loan losses | 12,603,000 | 12,553,000 | 12,703,000 | 16,400,000 |
| Securities available for sale | 147,675,000 | 144,816,000 | 146,013,000 | 163,847,000 |
| Securities held to maturity | 125,941,000 | 123,606,000 | 121,529,000 | 109,835,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,276,965,000 | 1,284,048,000 | 1,272,571,000 | 1,841,001,000 |
| Interest-bearing deposits | 875,044,000 | 868,026,000 | 869,854,000 | 1,283,626,000 |
| Noninterest-bearing deposits | 401,921,000 | 416,022,000 | 402,717,000 | 557,375,000 |
| Equity capital | 114,856,000 | 116,506,000 | 121,396,000 | 161,652,000 |
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 | 16,333,000 | 33,388,000 | 50,832,000 | 76,318,000 |
| Interest expense | 5,347,000 | 10,773,000 | 16,331,000 | 22,994,000 |
| Net interest income | 10,986,000 | 22,615,000 | 34,501,000 | 53,324,000 |
| Noninterest income | 4,079,000 | 6,871,000 | 10,132,000 | 16,813,000 |
| Noninterest expense | 9,692,000 | 20,284,000 | 30,676,000 | 52,230,000 |
| Provision for loan losses | 991,000 | 1,423,000 | 3,145,000 | 7,791,000 |
| Pretax income | 4,373,000 | 7,802,000 | 10,857,000 | 9,902,000 |
| Income tax | 877,000 | 1,621,000 | 2,221,000 | 1,472,000 |
| Net income | 3,496,000 | 6,181,000 | 8,636,000 | 8,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,341,000 | 134,530,000 | 135,490,000 | 164,453,000 |
| Total capital | 145,977,000 | 147,580,000 | 148,477,000 | 181,432,000 |
| Risk-weighted assets | 1,010,353,000 | 1,044,202,000 | 1,038,754,000 | 1,469,752,000 |