Call reports 2020
FIRST RESOURCE BANK — 2020
What FIRST RESOURCE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 229,639,000 | 266,839,000 | 264,223,000 | 281,560,000 |
| Total loans | 194,330,000 | 228,679,000 | 241,118,000 | 234,736,000 |
| Allowance for loan losses | 2,060,000 | 2,876,000 | 2,829,000 | 2,877,000 |
| Securities available for sale | 7,162,000 | 6,899,000 | 6,276,000 | 5,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,925,000 | 211,005,000 | 217,755,000 | 237,265,000 |
| Interest-bearing deposits | 137,917,000 | 151,337,000 | 157,131,000 | 174,441,000 |
| Noninterest-bearing deposits | 46,008,000 | 59,668,000 | 60,624,000 | 62,824,000 |
| Equity capital | 22,562,000 | 22,524,000 | 23,143,000 | 23,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,378,000 | 6,131,000 | 8,616,000 | 11,087,000 |
| Interest expense | 463,000 | 890,000 | 1,265,000 | 1,598,000 |
| Net interest income | 1,915,000 | 5,241,000 | 7,351,000 | 9,489,000 |
| Noninterest income | 90,000 | 173,000 | 274,000 | 364,000 |
| Noninterest expense | 1,489,000 | 3,098,000 | 4,470,000 | 5,910,000 |
| Provision for loan losses | 102,000 | 1,022,000 | 1,022,000 | 1,022,000 |
| Pretax income | 414,000 | 1,294,000 | 2,133,000 | 2,921,000 |
| Income tax | 111,000 | 358,000 | 595,000 | 818,000 |
| Net income | 303,000 | 936,000 | 1,538,000 | 2,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,330,000 | 20,252,000 | 20,748,000 | 21,323,000 |
| Total capital | 22,390,000 | 22,363,000 | 22,958,000 | 23,523,000 |
| Risk-weighted assets | 173,052,000 | 168,193,000 | 176,224,000 | 175,382,000 |