Call reports 2010
FIRST BANK — 2010
What FIRST BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 70,245,000 | 62,309,000 | 67,017,000 | 66,978,000 |
| Total loans | 30,234,000 | 31,153,000 | 29,639,000 | 28,833,000 |
| Allowance for loan losses | 399,000 | 346,000 | 346,000 | 304,000 |
| Securities available for sale | 28,190,000 | 25,693,000 | 26,802,000 | 25,201,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,001,000 | 58,373,000 | 61,740,000 | 61,396,000 |
| Interest-bearing deposits | 54,280,000 | 47,359,000 | 50,967,000 | 51,172,000 |
| Noninterest-bearing deposits | 10,721,000 | 11,014,000 | 10,773,000 | 10,224,000 |
| Equity capital | 5,090,000 | 3,797,000 | 5,103,000 | 5,444,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,854,000 | 2,772,000 | 3,685,000 |
| Interest expense | 245,000 | 466,000 | 682,000 | 887,000 |
| Net interest income | 688,000 | 1,388,000 | 2,090,000 | 2,798,000 |
| Noninterest income | 200,000 | 370,000 | 511,000 | 650,000 |
| Noninterest expense | 653,000 | 1,236,000 | 1,803,000 | 2,387,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 20,000 |
| Pretax income | 188,000 | 385,000 | 613,000 | 573,000 |
| Income tax | 16,000 | 25,000 | 40,000 | 5,000 |
| Net income | 172,000 | 360,000 | 573,000 | 568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,014,000 | 6,201,000 | 6,415,000 | 6,409,000 |
| Total capital | 6,412,000 | 6,547,000 | 6,761,000 | 6,713,000 |
| Risk-weighted assets | 40,518,000 | 40,493,000 | 38,739,000 | 37,839,000 |