Call reports 2020
FIRST RESOURCE BANK — 2020
What FIRST RESOURCE 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 | 340,806,000 | 385,359,000 | 395,315,000 | 424,434,000 |
| Total loans | 284,275,000 | 339,001,000 | 347,020,000 | 338,940,000 |
| Allowance for loan losses | 2,525,000 | 2,579,000 | 2,712,000 | 2,907,000 |
| Securities available for sale | 9,605,000 | 9,003,000 | 8,093,000 | 34,281,000 |
| Securities held to maturity | 6,956,000 | 6,948,000 | 7,101,000 | 8,779,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,749,000 | 324,136,000 | 330,067,000 | 358,025,000 |
| Interest-bearing deposits | 220,008,000 | 239,652,000 | 248,389,000 | 258,127,000 |
| Noninterest-bearing deposits | 50,741,000 | 84,484,000 | 81,678,000 | 99,898,000 |
| Equity capital | 28,780,000 | 29,546,000 | 30,344,000 | 31,456,000 |
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 | 3,980,000 | 7,967,000 | 12,111,000 | 16,654,000 |
| Interest expense | 1,076,000 | 2,013,000 | 2,865,000 | 3,691,000 |
| Net interest income | 2,904,000 | 5,954,000 | 9,246,000 | 12,963,000 |
| Noninterest income | 284,000 | 420,000 | 557,000 | 782,000 |
| Noninterest expense | 2,251,000 | 4,547,000 | 6,831,000 | 9,145,000 |
| Provision for loan losses | 144,000 | 195,000 | 325,000 | 555,000 |
| Pretax income | 793,000 | 1,632,000 | 2,647,000 | 4,045,000 |
| Income tax | 153,000 | 315,000 | 514,000 | 794,000 |
| Net income | 640,000 | 1,317,000 | 2,133,000 | 3,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,551,000 | 29,251,000 | 30,085,000 | 31,223,000 |
| Total capital | 35,073,000 | 35,829,000 | 40,746,000 | 41,671,000 |
| Risk-weighted assets | 264,451,000 | 261,842,000 | 264,803,000 | 279,012,000 |