Call reports 2024
FIRST BANK — 2024
What FIRST 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 | 629,307,000 | 639,554,000 | 645,929,000 | 658,273,000 |
| Total loans | 535,117,000 | 548,934,000 | 555,406,000 | 582,759,000 |
| Allowance for loan losses | 11,089,000 | 10,795,000 | 10,840,000 | 10,649,000 |
| Securities available for sale | 2,463,000 | 2,003,000 | 2,012,000 | 1,990,000 |
| Securities held to maturity | 6,277,000 | 6,248,000 | 6,655,000 | 7,790,000 |
| Trading assets | 288,000 | 194,000 | 106,000 | 165,000 |
| Total deposits | 540,994,000 | 549,214,000 | 554,438,000 | 543,219,000 |
| Interest-bearing deposits | 382,628,000 | 390,131,000 | 389,176,000 | 390,226,000 |
| Noninterest-bearing deposits | 158,366,000 | 159,083,000 | 165,262,000 | 152,993,000 |
| Equity capital | 84,970,000 | 86,576,000 | 87,183,000 | 90,765,000 |
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 | 9,935,000 | 19,975,000 | 30,212,000 | 40,801,000 |
| Interest expense | 2,585,000 | 5,107,000 | 7,692,000 | 10,294,000 |
| Net interest income | 7,350,000 | 14,868,000 | 22,520,000 | 30,507,000 |
| Noninterest income | 2,811,000 | 6,377,000 | 9,728,000 | 13,235,000 |
| Noninterest expense | 7,929,000 | 15,759,000 | 23,564,000 | 31,477,000 |
| Provision for loan losses | 50,000 | 200,000 | 200,000 | 94,000 |
| Pretax income | 2,182,000 | 5,286,000 | 8,484,000 | 12,065,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,182,000 | 5,286,000 | 8,484,000 | 12,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,127,000 | 84,780,000 | 85,425,000 | 89,076,000 |
| Total capital | 90,791,000 | 92,720,000 | 93,598,000 | 97,625,000 |
| Risk-weighted assets | 609,091,000 | 631,763,000 | 650,612,000 | 681,100,000 |