Call reports 2004
FIRSTBANK — 2004
What FIRSTBANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 105,735,000 | 100,077,000 | 98,884,000 | 101,232,000 |
| Total loans | 72,914,000 | 73,927,000 | 76,826,000 | 79,810,000 |
| Allowance for loan losses | 1,039,000 | 1,012,000 | 782,000 | 790,000 |
| Securities available for sale | 8,666,000 | 7,889,000 | 6,775,000 | 5,680,000 |
| Securities held to maturity | 1,164,000 | 1,142,000 | 1,069,000 | 1,045,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,723,000 | 88,974,000 | 87,641,000 | 90,179,000 |
| Interest-bearing deposits | 72,778,000 | 68,383,000 | 66,470,000 | 67,822,000 |
| Noninterest-bearing deposits | 21,945,000 | 20,591,000 | 21,171,000 | 22,357,000 |
| Equity capital | 10,162,000 | 10,235,000 | 10,406,000 | 10,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,832,000 | 3,599,000 | 5,422,000 | 7,311,000 |
| Interest expense | 201,000 | 383,000 | 584,000 | 811,000 |
| Net interest income | 1,631,000 | 3,216,000 | 4,838,000 | 6,500,000 |
| Noninterest income | 345,000 | 753,000 | 1,143,000 | 1,504,000 |
| Noninterest expense | 1,086,000 | 2,236,000 | 3,455,000 | 4,731,000 |
| Provision for loan losses | 75,000 | 150,000 | 245,000 | 550,000 |
| Pretax income | 815,000 | 1,583,000 | 2,281,000 | 2,723,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 815,000 | 1,583,000 | 2,281,000 | 2,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,908,000 | 9,075,000 | 9,234,000 | 9,090,000 |
| Total capital | 9,785,000 | 9,937,000 | 10,016,000 | 9,880,000 |
| Risk-weighted assets | 70,040,000 | 68,795,000 | 70,287,000 | 72,011,000 |