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 | 713,145,000 | 715,627,000 | 731,806,000 | 734,928,000 |
| Total loans | 489,806,000 | 493,775,000 | 504,644,000 | 514,573,000 |
| Allowance for loan losses | 5,410,000 | 5,534,000 | 5,674,000 | 5,807,000 |
| Securities available for sale | 183,465,000 | 175,961,000 | 180,260,000 | 169,460,000 |
| Securities held to maturity | 592,000 | 593,000 | 594,000 | 595,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,619,000 | 592,039,000 | 606,739,000 | 614,112,000 |
| Interest-bearing deposits | 477,108,000 | 477,439,000 | 492,085,000 | 491,341,000 |
| Noninterest-bearing deposits | 108,511,000 | 114,600,000 | 114,654,000 | 122,771,000 |
| Equity capital | 74,816,000 | 76,413,000 | 81,590,000 | 80,532,000 |
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 | 7,842,000 | 16,233,000 | 24,976,000 | 33,958,000 |
| Interest expense | 3,264,000 | 6,806,000 | 10,494,000 | 14,004,000 |
| Net interest income | 4,578,000 | 9,427,000 | 14,482,000 | 19,954,000 |
| Noninterest income | 634,000 | 1,260,000 | 2,081,000 | 2,780,000 |
| Noninterest expense | 3,344,000 | 6,377,000 | 9,816,000 | 13,176,000 |
| Provision for loan losses | 83,000 | 206,000 | 348,000 | 508,000 |
| Pretax income | 1,474,000 | 3,770,000 | 6,080,000 | 8,741,000 |
| Income tax | 311,000 | 824,000 | 1,339,000 | 1,990,000 |
| Net income | 1,163,000 | 2,946,000 | 4,741,000 | 6,751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,846,000 | 80,209,000 | 81,584,000 | 82,975,000 |
| Total capital | 84,256,000 | 85,743,000 | 87,258,000 | 88,782,000 |
| Risk-weighted assets | 484,819,000 | 485,342,000 | 493,619,000 | 503,370,000 |