FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

FORBRIGHT BANK — 2024Q1

The 22 measures FORBRIGHT BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7c7abf96-6713-4d93-8d1c-0749f0407bd5/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets6,866,031,000USDevidence →
Total loans4,078,948,000USDevidence →
Allowance for loan losses55,941,000USDevidence →
Securities available for sale1,240,585,000USDevidence →
Securities held to maturity53,436,000USDevidence →
Trading assets0USDevidence →
Total deposits5,423,273,000USDevidence →
Interest-bearing deposits5,061,105,000USDevidence →
Noninterest-bearing deposits362,168,000USDevidence →
Equity capital770,618,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income134,109,000USDevidence →
Interest expense70,484,000USDevidence →
Net interest income63,625,000USDevidence →
Noninterest income-3,092,000USDevidence →
Noninterest expense47,832,000USDevidence →
Provision for loan losses-12,985,000USDevidence →
Pretax income26,549,000USDevidence →
Income tax7,534,000USDevidence →
Net income19,015,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital756,458,000USDevidence →