Call reports 2020
FIRSTBANK — 2020
What FIRSTBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 6,651,423,000 | 7,250,529,000 | 10,999,040,000 | 11,191,562,000 |
| Total loans | 4,893,342,000 | 5,262,502,000 | 8,065,489,000 | 7,982,132,000 |
| Allowance for loan losses | 89,141,000 | 113,129,000 | 183,973,000 | 170,389,000 |
| Securities available for sale | 764,217,000 | 747,438,000 | 1,160,521,000 | 1,172,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,377,141,000 | 5,953,329,000 | 9,100,354,000 | 9,463,347,000 |
| Interest-bearing deposits | 4,041,133,000 | 4,177,478,000 | 6,805,836,000 | 7,183,934,000 |
| Noninterest-bearing deposits | 1,336,008,000 | 1,775,851,000 | 2,294,518,000 | 2,279,413,000 |
| Equity capital | 822,054,000 | 843,591,000 | 1,329,361,000 | 1,374,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 69,674,000 | 135,281,000 | 216,399,000 | 314,619,000 |
| Interest expense | 12,939,000 | 22,703,000 | 34,193,000 | 45,864,000 |
| Net interest income | 56,735,000 | 112,578,000 | 182,206,000 | 268,755,000 |
| Noninterest income | 42,449,000 | 123,859,000 | 219,967,000 | 299,626,000 |
| Noninterest expense | 69,782,000 | 151,507,000 | 278,620,000 | 388,823,000 |
| Provision for loan losses | 27,964,000 | 52,003,000 | 97,837,000 | 94,606,000 |
| Pretax income | 1,501,000 | 32,962,000 | 26,313,000 | 86,366,000 |
| Income tax | 196,000 | 8,025,000 | 6,275,000 | 19,984,000 |
| Net income | 1,305,000 | 24,937,000 | 20,038,000 | 66,374,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 645,150,000 | 672,856,000 | 1,107,144,000 | 1,138,274,000 |
| Total capital | 696,624,000 | 742,321,000 | 1,314,270,000 | 1,349,006,000 |
| Risk-weighted assets | 5,506,031,000 | 5,481,320,000 | 8,693,738,000 | 9,018,356,000 |