Call reports 2023
FIRST FARMBANK — 2023
What FIRST FARMBANK 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 | 341,025,000 | 343,844,000 | 346,358,000 | 358,745,000 |
| Total loans | 256,470,000 | 263,958,000 | 271,350,000 | 277,362,000 |
| Allowance for loan losses | 2,785,000 | 2,785,000 | 2,786,000 | 2,786,000 |
| Securities available for sale | 21,091,000 | 21,591,000 | 20,864,000 | 21,560,000 |
| Securities held to maturity | 29,236,000 | 28,921,000 | 28,568,000 | 28,251,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,941,000 | 280,665,000 | 283,547,000 | 297,973,000 |
| Interest-bearing deposits | 235,367,000 | 231,628,000 | 246,983,000 | 254,740,000 |
| Noninterest-bearing deposits | 48,574,000 | 49,037,000 | 36,564,000 | 43,233,000 |
| Equity capital | 33,600,000 | 34,456,000 | 35,123,000 | 36,692,000 |
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 | 4,333,000 | 9,080,000 | 14,149,000 | 19,409,000 |
| Interest expense | 610,000 | 1,634,000 | 3,171,000 | 4,936,000 |
| Net interest income | 3,723,000 | 7,446,000 | 10,978,000 | 14,473,000 |
| Noninterest income | 182,000 | 345,000 | 546,000 | 726,000 |
| Noninterest expense | 2,213,000 | 4,491,000 | 6,881,000 | 9,396,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,692,000 | 3,300,000 | 4,643,000 | 5,803,000 |
| Income tax | 413,000 | 806,000 | 1,133,000 | 1,415,000 |
| Net income | 1,279,000 | 2,494,000 | 3,510,000 | 4,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,717,000 | 36,932,000 | 37,947,000 | 38,825,000 |
| Total capital | 38,532,000 | 39,747,000 | 40,763,000 | 41,641,000 |
| Risk-weighted assets | 271,322,000 | 278,182,000 | 289,150,000 | 293,869,000 |