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 | 36,605,000 | 34,536,000 | 34,721,000 | 33,475,000 |
| Total loans | 24,920,000 | 24,819,000 | 24,814,000 | 24,768,000 |
| Allowance for loan losses | 391,000 | 404,000 | 424,000 | 429,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,005,000 | 3,758,000 | 3,760,000 | 3,758,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,206,000 | 30,062,000 | 30,191,000 | 28,940,000 |
| Interest-bearing deposits | 25,808,000 | 23,905,000 | 23,790,000 | 22,618,000 |
| Noninterest-bearing deposits | 6,398,000 | 6,157,000 | 6,401,000 | 6,322,000 |
| Equity capital | 4,364,000 | 4,432,000 | 4,452,000 | 4,459,000 |
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 | 516,000 | 1,031,000 | 1,551,000 | 2,081,000 |
| Interest expense | 77,000 | 155,000 | 239,000 | 324,000 |
| Net interest income | 439,000 | 876,000 | 1,312,000 | 1,757,000 |
| Noninterest income | 35,000 | 68,000 | 101,000 | 133,000 |
| Noninterest expense | 279,000 | 561,000 | 885,000 | 1,220,000 |
| Provision for loan losses | 10,000 | 30,000 | 55,000 | 90,000 |
| Pretax income | 185,000 | 353,000 | 473,000 | 580,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 185,000 | 353,000 | 473,000 | 580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,364,000 | 4,432,000 | 4,452,000 | 4,459,000 |