Call reports 2023
FIRST BANK — 2023
What FIRST 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 | 143,786,000 | 150,805,000 | 153,064,000 | 143,937,000 |
| Total loans | 80,232,000 | 88,321,000 | 88,148,000 | 83,931,000 |
| Allowance for loan losses | 2,829,000 | 2,614,000 | 2,435,000 | 2,406,000 |
| Securities available for sale | 51,930,000 | 49,380,000 | 47,482,000 | 46,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,469,000 | 114,373,000 | 119,511,000 | 117,280,000 |
| Interest-bearing deposits | 78,170,000 | 79,316,000 | 83,325,000 | 84,230,000 |
| Noninterest-bearing deposits | 37,299,000 | 35,057,000 | 36,186,000 | 33,050,000 |
| Equity capital | 16,093,000 | 15,371,000 | 16,107,000 | 16,676,000 |
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 | 1,501,000 | 3,153,000 | 4,972,000 | 6,809,000 |
| Interest expense | 364,000 | 822,000 | 1,408,000 | 2,160,000 |
| Net interest income | 1,137,000 | 2,331,000 | 3,564,000 | 4,649,000 |
| Noninterest income | 249,000 | 406,000 | 559,000 | 734,000 |
| Noninterest expense | 1,085,000 | 2,122,000 | 3,179,000 | 4,200,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 96,000 |
| Pretax income | 85,000 | 441,000 | 786,000 | 863,000 |
| Income tax | 0 | 59,000 | 71,000 | 41,000 |
| Net income | 85,000 | 382,000 | 715,000 | 822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,959,000 | 18,596,000 | 18,928,000 | 19,036,000 |