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 | 2,816,897,000 | 2,874,425,000 | 3,558,377,000 | 3,609,326,000 |
| Total loans | 2,392,583,000 | 2,436,708,000 | 3,020,778,000 | 3,021,501,000 |
| Allowance for loan losses | 29,893,000 | 30,451,000 | 42,927,000 | 42,397,000 |
| Securities available for sale | 91,818,000 | 86,108,000 | 87,728,000 | 94,142,000 |
| Securities held to maturity | 46,497,000 | 45,595,000 | 45,425,000 | 44,258,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,241,804,000 | 2,399,900,000 | 2,967,455,000 | 2,967,569,000 |
| Interest-bearing deposits | 1,777,878,000 | 1,923,167,000 | 2,473,752,000 | 2,465,806,000 |
| Noninterest-bearing deposits | 463,926,000 | 476,733,000 | 493,703,000 | 501,763,000 |
| Equity capital | 294,221,000 | 294,161,000 | 361,036,000 | 370,900,000 |
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 | 34,012,000 | 70,933,000 | 120,851,000 | 174,016,000 |
| Interest expense | 11,217,000 | 26,010,000 | 47,334,000 | 69,500,000 |
| Net interest income | 22,795,000 | 44,923,000 | 73,517,000 | 104,516,000 |
| Noninterest income | 1,171,000 | 2,298,000 | 3,019,000 | 935,000 |
| Noninterest expense | 13,503,000 | 27,324,000 | 50,761,000 | 68,700,000 |
| Provision for loan losses | 1,088,000 | 1,537,000 | 8,190,000 | 7,913,000 |
| Pretax income | 9,165,000 | 18,150,000 | 16,801,000 | 27,158,000 |
| Income tax | 2,176,000 | 4,362,000 | 4,284,000 | 6,261,000 |
| Net income | 6,989,000 | 13,788,000 | 12,517,000 | 20,897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 280,720,000 | 281,269,000 | 313,025,000 | 319,713,000 |
| Total capital | 340,453,000 | 341,647,000 | 395,775,000 | 401,692,000 |
| Risk-weighted assets | 2,725,701,000 | 2,758,600,000 | 3,479,920,000 | 3,467,428,000 |