Call reports 2008
FIRST BANK — 2008
What FIRST BANK 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 | 67,825,000 | 70,953,000 | 69,098,000 | 69,060,000 |
| Total loans | 34,999,000 | 35,233,000 | 35,138,000 | 35,971,000 |
| Allowance for loan losses | 351,000 | 352,000 | 350,000 | 613,000 |
| Securities available for sale | 28,464,000 | 28,620,000 | 27,587,000 | 28,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,203,000 | 60,784,000 | 59,384,000 | 58,893,000 |
| Interest-bearing deposits | 47,874,000 | 47,084,000 | 47,374,000 | 47,650,000 |
| Noninterest-bearing deposits | 9,329,000 | 13,700,000 | 12,010,000 | 11,242,000 |
| Equity capital | 5,429,000 | 4,968,000 | 4,432,000 | 3,156,000 |
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 | 1,150,000 | 2,327,000 | 3,485,000 | 4,617,000 |
| Interest expense | 413,000 | 795,000 | 1,150,000 | 1,474,000 |
| Net interest income | 737,000 | 1,532,000 | 2,335,000 | 3,143,000 |
| Noninterest income | 145,000 | 271,000 | 412,000 | 550,000 |
| Noninterest expense | 431,000 | 927,000 | 1,408,000 | 1,915,000 |
| Provision for loan losses | 3,000 | 3,000 | 3,000 | 313,000 |
| Pretax income | 451,000 | 876,000 | 1,339,000 | 1,468,000 |
| Income tax | 29,000 | 57,000 | 87,000 | 100,000 |
| Net income | 422,000 | 819,000 | 1,252,000 | 1,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,018,000 | 5,015,000 | 5,048,000 | 4,864,000 |
| Total capital | 5,369,000 | 5,367,000 | 5,398,000 | 5,418,000 |
| Risk-weighted assets | 43,029,000 | 46,018,000 | 45,161,000 | 44,261,000 |