Call reports 2021
FIRST RESOURCE BANK — 2021
What FIRST RESOURCE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 313,957,000 | 307,798,000 | 317,265,000 | 338,992,000 |
| Total loans | 259,836,000 | 252,202,000 | 270,417,000 | 288,370,000 |
| Allowance for loan losses | 2,866,000 | 2,866,000 | 2,866,000 | 3,466,000 |
| Securities available for sale | 4,356,000 | 3,627,000 | 3,253,000 | 22,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,479,000 | 257,814,000 | 266,407,000 | 287,922,000 |
| Interest-bearing deposits | 189,310,000 | 181,251,000 | 199,296,000 | 221,055,000 |
| Noninterest-bearing deposits | 75,169,000 | 76,563,000 | 67,111,000 | 66,867,000 |
| Equity capital | 28,778,000 | 29,461,000 | 30,112,000 | 30,385,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,189,000 | 6,068,000 | 8,893,000 | 11,825,000 |
| Interest expense | 304,000 | 595,000 | 891,000 | 1,181,000 |
| Net interest income | 2,885,000 | 5,473,000 | 8,002,000 | 10,644,000 |
| Noninterest income | 209,000 | 229,000 | 399,000 | 503,000 |
| Noninterest expense | 1,618,000 | 3,327,000 | 5,118,000 | 6,964,000 |
| Provision for loan losses | 0 | 0 | 0 | 600,000 |
| Pretax income | 1,476,000 | 2,375,000 | 3,283,000 | 3,583,000 |
| Income tax | 418,000 | 673,000 | 931,000 | 946,000 |
| Net income | 1,058,000 | 1,702,000 | 2,352,000 | 2,637,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,389,000 | 27,043,000 | 27,702,000 | 27,949,000 |
| Total capital | 28,832,000 | 29,561,000 | 30,496,000 | 31,039,000 |
| Risk-weighted assets | 195,084,000 | 201,169,000 | 223,500,000 | 246,826,000 |