Call reports 2014
FIRSTBANK — 2014
What FIRSTBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 255,264,000 | 258,942,000 | 268,373,000 | 283,827,000 |
| Total loans | 214,071,000 | 219,962,000 | 227,768,000 | 231,958,000 |
| Allowance for loan losses | 2,535,000 | 2,579,000 | 2,636,000 | 2,731,000 |
| Securities available for sale | 811,000 | 754,000 | 522,000 | 511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 216,022,000 | 218,100,000 | 225,036,000 | 241,353,000 |
| Interest-bearing deposits | 171,762,000 | 171,524,000 | 176,172,000 | 185,142,000 |
| Noninterest-bearing deposits | 44,260,000 | 46,576,000 | 48,864,000 | 56,211,000 |
| Equity capital | 21,040,000 | 21,347,000 | 21,662,000 | 21,858,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,316,000 | 8,857,000 | 13,564,000 | 18,398,000 |
| Interest expense | 434,000 | 875,000 | 1,315,000 | 1,759,000 |
| Net interest income | 3,882,000 | 7,982,000 | 12,249,000 | 16,639,000 |
| Noninterest income | 858,000 | 1,767,000 | 2,679,000 | 3,551,000 |
| Noninterest expense | 3,293,000 | 6,880,000 | 10,605,000 | 14,472,000 |
| Provision for loan losses | 170,000 | 335,000 | 510,000 | 745,000 |
| Pretax income | 1,277,000 | 2,534,000 | 3,846,000 | 5,006,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,277,000 | 2,534,000 | 3,846,000 | 5,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,826,000 | 20,132,000 | 20,494,000 | 20,688,000 |
| Total capital | 22,196,000 | 22,574,000 | 23,018,000 | 23,247,000 |
| Risk-weighted assets | 189,457,000 | 195,231,000 | 201,839,000 | 204,516,000 |