Call reports 2020
FIRST BANK — 2020
What FIRST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 92,733,000 | 99,752,000 | 102,609,000 | 106,694,000 |
| Total loans | 33,398,000 | 37,459,000 | 37,945,000 | 33,771,000 |
| Allowance for loan losses | 336,000 | 373,000 | 376,000 | 378,000 |
| Securities available for sale | 49,312,000 | 49,351,000 | 53,145,000 | 55,695,000 |
| Securities held to maturity | 0 | 500,000 | 1,250,000 | 1,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,539,000 | 88,948,000 | 91,021,000 | 94,564,000 |
| Interest-bearing deposits | 59,756,000 | 62,815,000 | 65,158,000 | 67,256,000 |
| Noninterest-bearing deposits | 23,783,000 | 26,133,000 | 25,863,000 | 27,308,000 |
| Equity capital | 8,806,000 | 10,351,000 | 11,069,000 | 11,648,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 864,000 | 1,869,000 | 2,726,000 | 3,579,000 |
| Interest expense | 103,000 | 203,000 | 294,000 | 371,000 |
| Net interest income | 761,000 | 1,666,000 | 2,432,000 | 3,208,000 |
| Noninterest income | 173,000 | 311,000 | 497,000 | 670,000 |
| Noninterest expense | 639,000 | 1,358,000 | 2,015,000 | 2,642,000 |
| Provision for loan losses | 5,000 | 40,000 | 40,000 | 40,000 |
| Pretax income | 287,000 | 568,000 | 861,000 | 1,179,000 |
| Income tax | 19,000 | 37,000 | 56,000 | 64,000 |
| Net income | 268,000 | 531,000 | 805,000 | 1,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,061,000 | 8,323,000 | 8,596,000 | 8,906,000 |
| Total capital | 8,397,000 | 8,696,000 | 8,972,000 | 9,284,000 |
| Risk-weighted assets | 61,779,000 | 57,184,000 | 74,391,000 | 74,457,000 |