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 | 212,078,000 | 219,903,000 | 226,610,000 | 229,070,000 |
| Total loans | 174,500,000 | 171,197,000 | 171,857,000 | 170,702,000 |
| Allowance for loan losses | 2,512,000 | 2,727,000 | 2,850,000 | 1,810,000 |
| Securities available for sale | 11,457,000 | 11,938,000 | 8,765,000 | 9,020,000 |
| Securities held to maturity | 2,193,000 | 5,612,000 | 5,389,000 | 10,270,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,046,000 | 181,835,000 | 188,105,000 | 189,814,000 |
| Interest-bearing deposits | 119,807,000 | 130,832,000 | 136,063,000 | 133,452,000 |
| Noninterest-bearing deposits | 49,239,000 | 51,003,000 | 52,042,000 | 56,362,000 |
| Equity capital | 17,329,000 | 17,029,000 | 17,205,000 | 18,667,000 |
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 | 3,885,000 | 7,383,000 | 10,972,000 | 14,285,000 |
| Interest expense | 870,000 | 1,717,000 | 2,567,000 | 3,275,000 |
| Net interest income | 3,015,000 | 5,666,000 | 8,405,000 | 11,010,000 |
| Noninterest income | 398,000 | 761,000 | 1,163,000 | 1,571,000 |
| Noninterest expense | 1,983,000 | 3,905,000 | 5,984,000 | 7,490,000 |
| Provision for loan losses | 250,000 | 550,000 | 650,000 | 700,000 |
| Pretax income | 1,180,000 | 1,972,000 | 2,934,000 | 4,391,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,180,000 | 1,972,000 | 2,934,000 | 4,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,133,000 | 17,000,000 | 17,137,000 | 18,579,000 |
| Total capital | 19,278,000 | 19,305,000 | 19,299,000 | 20,390,000 |
| Risk-weighted assets | 175,171,000 | 184,017,000 | 176,625,000 | 177,383,000 |