Call reports 2023
FIRSTBANK — 2023
What FIRSTBANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 591,407,000 | 590,413,000 | 580,153,000 | 588,108,000 |
| Total loans | 400,567,000 | 404,129,000 | 406,973,000 | 403,376,000 |
| Allowance for loan losses | 5,100,000 | 5,107,000 | 5,131,000 | 5,117,000 |
| Securities available for sale | 69,577,000 | 62,443,000 | 61,792,000 | 62,454,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 524,303,000 | 521,760,000 | 508,924,000 | 516,101,000 |
| Interest-bearing deposits | 319,086,000 | 317,440,000 | 320,341,000 | 330,572,000 |
| Noninterest-bearing deposits | 205,217,000 | 204,320,000 | 188,583,000 | 185,529,000 |
| Equity capital | 62,997,000 | 64,921,000 | 66,619,000 | 67,830,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 8,169,000 | 16,737,000 | 25,497,000 | 34,569,000 |
| Interest expense | 713,000 | 1,787,000 | 3,227,000 | 5,180,000 |
| Net interest income | 7,456,000 | 14,950,000 | 22,270,000 | 29,389,000 |
| Noninterest income | 1,443,000 | 3,078,000 | 4,664,000 | 6,159,000 |
| Noninterest expense | 5,727,000 | 11,775,000 | 17,967,000 | 24,345,000 |
| Provision for loan losses | 115,000 | 225,000 | 317,000 | 389,000 |
| Pretax income | 3,057,000 | 6,008,000 | 8,570,000 | 10,674,000 |
| Income tax | 786,000 | 1,356,000 | 1,938,000 | 2,362,000 |
| Net income | 2,271,000 | 4,652,000 | 6,632,000 | 8,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,884,000 | 58,290,000 | 60,296,000 | 60,708,000 |