Call reports 2024
FIRST AMERICAN BANK — 2024
What FIRST AMERICAN 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 | 1,814,648,000 | 1,772,673,000 | 1,779,138,000 | 1,765,491,000 |
| Total loans | 957,398,000 | 970,186,000 | 999,347,000 | 1,019,675,000 |
| Allowance for loan losses | 17,866,000 | 18,589,000 | 19,465,000 | 18,054,000 |
| Securities available for sale | 600,679,000 | 594,535,000 | 599,453,000 | 563,381,000 |
| Securities held to maturity | 63,294,000 | 63,256,000 | 57,824,000 | 56,587,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,563,062,000 | 1,545,843,000 | 1,510,654,000 | 1,537,450,000 |
| Interest-bearing deposits | 949,641,000 | 927,647,000 | 913,234,000 | 977,652,000 |
| Noninterest-bearing deposits | 613,421,000 | 618,196,000 | 597,420,000 | 559,798,000 |
| Equity capital | 125,650,000 | 137,858,000 | 152,550,000 | 143,661,000 |
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 | 24,015,000 | 48,159,000 | 73,348,000 | 98,194,000 |
| Interest expense | 4,677,000 | 8,926,000 | 13,259,000 | 17,696,000 |
| Net interest income | 19,338,000 | 39,233,000 | 60,089,000 | 80,498,000 |
| Noninterest income | 2,796,000 | 5,741,000 | 8,635,000 | 11,644,000 |
| Noninterest expense | 10,507,000 | 21,182,000 | 32,365,000 | 40,601,000 |
| Provision for loan losses | 941,000 | 1,883,000 | 2,834,000 | 7,386,000 |
| Pretax income | 10,726,000 | 21,943,000 | 33,556,000 | 44,183,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 10,726,000 | 21,943,000 | 33,556,000 | 44,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 189,080,000 | 196,916,000 | 192,122,000 | 203,293,000 |
| Total capital | 203,755,000 | 211,501,000 | 206,926,000 | 218,204,000 |
| Risk-weighted assets | 1,170,236,000 | 1,162,234,000 | 1,179,116,000 | 1,189,122,000 |