Call reports 2008
FIRSTBANK — 2008
What FIRSTBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 2,027,530,000 | 2,001,936,000 | 2,031,625,000 | 2,098,175,000 |
| Total loans | 1,520,603,000 | 1,558,929,000 | 1,601,193,000 | 1,638,284,000 |
| Allowance for loan losses | 16,120,000 | 16,607,000 | 20,679,000 | 21,965,000 |
| Securities available for sale | 294,894,000 | 298,228,000 | 298,796,000 | 309,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,673,573,000 | 1,608,751,000 | 1,664,585,000 | 1,744,787,000 |
| Interest-bearing deposits | 1,481,046,000 | 1,413,462,000 | 1,476,014,000 | 1,554,051,000 |
| Noninterest-bearing deposits | 192,527,000 | 195,289,000 | 188,571,000 | 190,736,000 |
| Equity capital | 209,296,000 | 203,421,000 | 203,874,000 | 213,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 30,374,000 | 58,998,000 | 88,027,000 | 116,917,000 |
| Interest expense | 14,512,000 | 27,430,000 | 39,960,000 | 52,993,000 |
| Net interest income | 15,862,000 | 31,568,000 | 48,067,000 | 63,924,000 |
| Noninterest income | 3,679,000 | 7,574,000 | 11,805,000 | 15,976,000 |
| Noninterest expense | 13,736,000 | 28,250,000 | 42,851,000 | 57,276,000 |
| Provision for loan losses | 1,209,000 | 3,536,000 | 9,086,000 | 21,663,000 |
| Pretax income | 4,685,000 | 7,445,000 | 8,054,000 | 1,887,000 |
| Income tax | 363,000 | 496,000 | 529,000 | -77,000 |
| Net income | 4,322,000 | 6,949,000 | 7,525,000 | 1,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,057,000 | 142,182,000 | 142,301,000 | 146,544,000 |
| Total capital | 161,177,000 | 164,789,000 | 168,980,000 | 173,812,000 |
| Risk-weighted assets | 1,607,439,000 | 1,637,430,000 | 1,666,551,000 | 1,700,777,000 |
Machine access — free, no API key
Every figure shown here about FIRSTBANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.