Call reports 2024
FIRSTBANK — 2024
What FIRSTBANK 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 | 616,975,000 | 619,057,000 | 621,578,000 | 623,527,000 |
| Total loans | 405,665,000 | 403,329,000 | 400,233,000 | 399,618,000 |
| Allowance for loan losses | 5,069,000 | 5,151,000 | 5,189,000 | 5,165,000 |
| Securities available for sale | 52,251,000 | 49,334,000 | 51,204,000 | 50,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 542,630,000 | 542,421,000 | 542,056,000 | 546,146,000 |
| Interest-bearing deposits | 355,121,000 | 362,334,000 | 362,058,000 | 359,306,000 |
| Noninterest-bearing deposits | 187,509,000 | 180,087,000 | 179,998,000 | 186,840,000 |
| Equity capital | 69,235,000 | 71,301,000 | 74,104,000 | 73,054,000 |
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 | 9,398,000 | 19,453,000 | 29,660,000 | 39,803,000 |
| Interest expense | 2,275,000 | 4,741,000 | 7,287,000 | 9,731,000 |
| Net interest income | 7,123,000 | 14,712,000 | 22,373,000 | 30,072,000 |
| Noninterest income | 1,410,000 | 2,970,000 | 4,544,000 | 6,178,000 |
| Noninterest expense | 6,356,000 | 12,813,000 | 19,241,000 | 25,957,000 |
| Provision for loan losses | 109,000 | 284,000 | 461,000 | 586,000 |
| Pretax income | 2,068,000 | 4,585,000 | 7,215,000 | 9,707,000 |
| Income tax | 577,000 | 1,149,000 | 1,805,000 | 2,391,000 |
| Net income | 1,491,000 | 3,436,000 | 5,410,000 | 7,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,224,000 | 64,193,000 | 66,193,000 | 65,649,000 |