Call reports 2008
FIRSTBANK — 2008
What FIRSTBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 288,312,000 | 309,376,000 | 304,747,000 | 295,082,000 |
| Total loans | 119,035,000 | 128,050,000 | 131,643,000 | 131,489,000 |
| Allowance for loan losses | 1,229,000 | 1,310,000 | 1,419,000 | 1,923,000 |
| Securities available for sale | 78,223,000 | 79,773,000 | 73,013,000 | 63,301,000 |
| Securities held to maturity | 78,794,000 | 89,326,000 | 87,752,000 | 87,737,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,947,000 | 262,704,000 | 243,834,000 | 245,993,000 |
| Interest-bearing deposits | 209,794,000 | 222,571,000 | 207,332,000 | 212,752,000 |
| Noninterest-bearing deposits | 44,153,000 | 40,133,000 | 36,502,000 | 33,242,000 |
| Equity capital | 18,384,000 | 18,502,000 | 19,799,000 | 19,199,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,205,000 | 8,479,000 | 12,901,000 | 17,208,000 |
| Interest expense | 1,779,000 | 3,097,000 | 4,488,000 | 5,765,000 |
| Net interest income | 2,426,000 | 5,382,000 | 8,413,000 | 11,443,000 |
| Noninterest income | 514,000 | 975,000 | 1,413,000 | 1,919,000 |
| Noninterest expense | 1,583,000 | 3,327,000 | 4,913,000 | 6,638,000 |
| Provision for loan losses | 43,000 | 135,000 | 257,000 | 985,000 |
| Pretax income | 1,314,000 | 2,895,000 | 4,729,000 | 5,928,000 |
| Income tax | 457,000 | 1,023,000 | 1,670,000 | 2,104,000 |
| Net income | 857,000 | 1,872,000 | 3,059,000 | 3,824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,502,000 | 18,017,000 | 19,204,000 | 19,270,000 |
| Total capital | 18,766,000 | 19,376,000 | 20,662,000 | 21,179,000 |
| Risk-weighted assets | 144,951,000 | 153,450,000 | 155,232,000 | 152,621,000 |