Call reports 2024
INFIRST BANK — 2024
What INFIRST 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 | 560,469,000 | 578,650,000 | 589,072,000 | 605,043,000 |
| Total loans | 498,110,000 | 509,043,000 | 523,329,000 | 537,261,000 |
| Allowance for loan losses | 6,789,000 | 6,663,000 | 6,520,000 | 6,551,000 |
| Securities available for sale | 18,846,000 | 23,250,000 | 26,703,000 | 26,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,813,000 | 519,629,000 | 526,929,000 | 542,962,000 |
| Interest-bearing deposits | 409,975,000 | 425,387,000 | 434,226,000 | 451,707,000 |
| Noninterest-bearing deposits | 90,838,000 | 94,242,000 | 92,703,000 | 91,255,000 |
| Equity capital | 50,933,000 | 51,481,000 | 52,994,000 | 53,456,000 |
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 | 7,224,000 | 14,861,000 | 23,003,000 | 31,477,000 |
| Interest expense | 2,832,000 | 6,025,000 | 9,520,000 | 13,122,000 |
| Net interest income | 4,392,000 | 8,836,000 | 13,483,000 | 18,355,000 |
| Noninterest income | 631,000 | 1,274,000 | 2,087,000 | 3,320,000 |
| Noninterest expense | 4,032,000 | 8,259,000 | 12,646,000 | 17,095,000 |
| Provision for loan losses | 120,000 | 120,000 | 120,000 | 240,000 |
| Pretax income | 871,000 | 1,731,000 | 2,804,000 | 4,340,000 |
| Income tax | 254,000 | 481,000 | 733,000 | 1,178,000 |
| Net income | 617,000 | 1,250,000 | 2,071,000 | 3,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,317,000 | 53,950,000 | 54,772,000 | 55,862,000 |
| Total capital | 57,903,000 | 58,795,000 | 59,684,000 | 61,018,000 |
| Risk-weighted assets | 364,543,000 | 385,673,000 | 391,192,000 | 410,902,000 |