Call reports 2023
FIRST RESOURCE BANK — 2023
What FIRST RESOURCE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 519,524,000 | 535,251,000 | 529,719,000 | 554,508,000 |
| Total loans | 448,160,000 | 459,230,000 | 470,542,000 | 485,112,000 |
| Allowance for loan losses | 5,066,000 | 5,064,000 | 5,056,000 | 5,337,000 |
| Securities available for sale | 26,322,000 | 25,788,000 | 25,681,000 | 30,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 445,551,000 | 429,028,000 | 428,179,000 | 446,398,000 |
| Interest-bearing deposits | 362,535,000 | 328,909,000 | 329,489,000 | 343,082,000 |
| Noninterest-bearing deposits | 83,016,000 | 100,119,000 | 98,690,000 | 103,316,000 |
| Equity capital | 48,503,000 | 48,981,000 | 49,761,000 | 50,575,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,295,000 | 11,071,000 | 17,121,000 | 23,892,000 |
| Interest expense | 1,780,000 | 4,131,000 | 6,737,000 | 9,784,000 |
| Net interest income | 3,515,000 | 6,940,000 | 10,384,000 | 14,108,000 |
| Noninterest income | 238,000 | 530,000 | 802,000 | 1,058,000 |
| Noninterest expense | 3,174,000 | 6,000,000 | 8,734,000 | 11,374,000 |
| Provision for loan losses | 0 | 0 | 0 | 282,000 |
| Pretax income | 579,000 | 1,470,000 | 2,452,000 | 3,510,000 |
| Income tax | 164,000 | 422,000 | 694,000 | 988,000 |
| Net income | 415,000 | 1,048,000 | 1,758,000 | 2,522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,733,000 | 44,394,000 | 45,133,000 | 45,775,000 |
| Total capital | 48,745,000 | 49,501,000 | 50,239,000 | 50,914,000 |
| Risk-weighted assets | 400,886,000 | 408,630,000 | 413,846,000 | 410,936,000 |