Call reports 2024
FIRST AMERICAN BANK AND TRUST COMPANY — 2024
What FIRST AMERICAN BANK AND TRUST COMPANY 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 | 881,837,000 | 869,600,000 | 804,887,000 | 804,832,000 |
| Total loans | 573,831,000 | 580,314,000 | 589,147,000 | 608,875,000 |
| Allowance for loan losses | 6,208,000 | 6,231,000 | 6,119,000 | 7,152,000 |
| Securities available for sale | 166,285,000 | 174,611,000 | 156,261,000 | 146,995,000 |
| Securities held to maturity | 13,202,000 | 5,700,000 | 5,700,000 | 4,980,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 726,491,000 | 697,036,000 | 690,110,000 | 685,336,000 |
| Interest-bearing deposits | 486,271,000 | 474,684,000 | 468,670,000 | 476,359,000 |
| Noninterest-bearing deposits | 240,220,000 | 222,352,000 | 221,440,000 | 208,977,000 |
| Equity capital | 91,033,000 | 93,855,000 | 100,605,000 | 99,784,000 |
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 | 9,607,000 | 20,055,000 | 30,662,000 | 41,004,000 |
| Interest expense | 2,192,000 | 4,375,000 | 6,495,000 | 8,297,000 |
| Net interest income | 7,415,000 | 15,680,000 | 24,167,000 | 32,707,000 |
| Noninterest income | 1,452,000 | 3,108,000 | 4,656,000 | 6,084,000 |
| Noninterest expense | 4,722,000 | 9,589,000 | 14,609,000 | 19,686,000 |
| Provision for loan losses | 54,000 | 76,000 | -30,000 | 1,005,000 |
| Pretax income | 4,014,000 | 8,847,000 | 13,698,000 | 17,680,000 |
| Income tax | 903,000 | 1,946,000 | 2,924,000 | 3,741,000 |
| Net income | 3,111,000 | 6,901,000 | 10,774,000 | 13,939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,957,000 | 98,104,000 | 101,977,000 | 103,170,000 |
| Total capital | 102,971,000 | 105,320,000 | 109,219,000 | 110,649,000 |
| Risk-weighted assets | 560,958,000 | 577,184,000 | 579,154,000 | 597,469,000 |