Call reports 2020
FIRSTBANK — 2020
What FIRSTBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 481,165,000 | 525,048,000 | 527,695,000 | 531,693,000 |
| Total loans | 362,519,000 | 380,102,000 | 375,453,000 | 362,502,000 |
| Allowance for loan losses | 3,598,000 | 3,842,000 | 4,045,000 | 3,904,000 |
| Securities available for sale | 34,286,000 | 35,290,000 | 32,047,000 | 35,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,050,000 | 470,976,000 | 472,343,000 | 476,150,000 |
| Interest-bearing deposits | 311,705,000 | 319,942,000 | 316,914,000 | 317,542,000 |
| Noninterest-bearing deposits | 117,345,000 | 151,034,000 | 155,429,000 | 158,608,000 |
| Equity capital | 48,492,000 | 50,769,000 | 52,039,000 | 53,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,266,000 | 15,102,000 | 22,316,000 | 29,355,000 |
| Interest expense | 1,028,000 | 1,938,000 | 2,741,000 | 3,402,000 |
| Net interest income | 6,238,000 | 13,164,000 | 19,575,000 | 25,953,000 |
| Noninterest income | 1,387,000 | 2,561,000 | 3,866,000 | 5,236,000 |
| Noninterest expense | 5,117,000 | 10,310,000 | 15,520,000 | 20,631,000 |
| Provision for loan losses | 377,000 | 707,000 | 937,000 | 1,262,000 |
| Pretax income | 2,131,000 | 4,708,000 | 6,984,000 | 9,296,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,148,000 | 4,752,000 | 7,048,000 | 9,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,655,000 | 41,139,000 | 42,325,000 | 43,513,000 |
| Total capital | 43,253,000 | — | — | — |
| Risk-weighted assets | 331,974,000 | — | — | — |