Call reports 2024
FIRST AMERICAN BANK — 2024
What FIRST AMERICAN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 7,186,282,000 | 7,074,673,000 | 7,266,384,000 | 7,389,795,000 |
| Total loans | 2,819,754,000 | 2,935,794,000 | 2,941,080,000 | 3,000,372,000 |
| Allowance for loan losses | 37,703,000 | 38,703,000 | 41,494,000 | 41,761,000 |
| Securities available for sale | 3,885,908,000 | 3,739,067,000 | 3,970,860,000 | 3,905,914,000 |
| Securities held to maturity | 254,000 | 254,000 | 227,000 | 196,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,815,573,000 | 4,877,353,000 | 4,991,809,000 | 5,046,244,000 |
| Interest-bearing deposits | 3,405,156,000 | 3,518,716,000 | 3,580,951,000 | 3,661,374,000 |
| Noninterest-bearing deposits | 1,410,417,000 | 1,358,637,000 | 1,410,858,000 | 1,384,870,000 |
| Equity capital | 579,995,000 | 568,201,000 | 583,096,000 | 605,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 103,829,000 | 214,037,000 | 323,168,000 | 428,428,000 |
| Interest expense | 38,495,000 | 82,375,000 | 124,628,000 | 163,255,000 |
| Net interest income | 65,334,000 | 131,662,000 | 198,540,000 | 265,173,000 |
| Noninterest income | 10,709,000 | 21,572,000 | 32,826,000 | 45,796,000 |
| Noninterest expense | 43,357,000 | 87,817,000 | 132,632,000 | 179,435,000 |
| Provision for loan losses | 2,250,000 | 5,500,000 | 8,750,000 | 9,925,000 |
| Pretax income | 30,194,000 | 59,930,000 | 89,856,000 | 121,576,000 |
| Income tax | 59,000 | 123,000 | 180,000 | 237,000 |
| Net income | 30,135,000 | 59,807,000 | 89,676,000 | 121,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 511,391,000 | 506,626,000 | 520,560,000 | 553,286,000 |
| Total capital | 551,302,000 | 547,412,000 | 563,887,000 | 596,705,000 |
| Risk-weighted assets | 4,198,506,000 | 4,056,948,000 | 3,954,441,000 | 4,122,907,000 |