Call reports 2024
FIRST BANK — 2024
What FIRST BANK 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 | 3,591,398,000 | 3,615,731,000 | 3,757,652,000 | 3,780,346,000 |
| Total loans | 2,992,423,000 | 2,998,029,000 | 3,087,488,000 | 3,144,266,000 |
| Allowance for loan losses | 36,396,000 | 36,252,000 | 37,434,000 | 37,773,000 |
| Securities available for sale | 94,867,000 | 96,748,000 | 74,548,000 | 77,413,000 |
| Securities held to maturity | 43,322,000 | 44,019,000 | 43,866,000 | 47,329,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,970,262,000 | 2,967,634,000 | 3,050,070,000 | 3,055,896,000 |
| Interest-bearing deposits | 2,499,513,000 | 2,467,869,000 | 2,530,992,000 | 2,536,576,000 |
| Noninterest-bearing deposits | 470,749,000 | 499,765,000 | 519,078,000 | 519,320,000 |
| Equity capital | 382,254,000 | 392,489,000 | 402,070,000 | 409,156,000 |
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 | 53,564,000 | 109,123,000 | 165,287,000 | 222,127,000 |
| Interest expense | 23,246,000 | 48,265,000 | 74,335,000 | 99,581,000 |
| Net interest income | 30,318,000 | 60,858,000 | 90,952,000 | 122,546,000 |
| Noninterest income | 1,964,000 | 2,652,000 | 5,687,000 | 7,862,000 |
| Noninterest expense | 17,810,000 | 35,763,000 | 54,406,000 | 73,530,000 |
| Provision for loan losses | -708,000 | -677,000 | 892,000 | 1,075,000 |
| Pretax income | 15,170,000 | 28,383,000 | 40,733,000 | 55,145,000 |
| Income tax | 2,658,000 | 4,798,000 | 8,985,000 | 12,901,000 |
| Net income | 12,512,000 | 23,585,000 | 31,748,000 | 42,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 325,700,000 | 336,086,000 | 344,154,000 | 354,148,000 |
| Total capital | 392,219,000 | 402,529,000 | 411,829,000 | 422,250,000 |
| Risk-weighted assets | 3,442,800,000 | 3,468,847,000 | 3,564,781,000 | 3,652,521,000 |