Call reports 2023
FIRST RESOURCE BANK — 2023
What FIRST RESOURCE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 538,683,000 | 564,934,000 | 580,758,000 | 602,565,000 |
| Total loans | 483,112,000 | 504,679,000 | 518,305,000 | 531,384,000 |
| Allowance for loan losses | 4,394,000 | 4,483,000 | 4,568,000 | 4,311,000 |
| Securities available for sale | 10,484,000 | 9,825,000 | 9,217,000 | 17,072,000 |
| Securities held to maturity | 8,947,000 | 8,888,000 | 8,813,000 | 8,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 466,364,000 | 475,798,000 | 486,094,000 | 499,414,000 |
| Interest-bearing deposits | 375,181,000 | 370,087,000 | 384,679,000 | 403,907,000 |
| Noninterest-bearing deposits | 91,183,000 | 105,711,000 | 101,415,000 | 95,507,000 |
| Equity capital | 41,302,000 | 42,651,000 | 44,124,000 | 45,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,382,000 | 13,493,000 | 21,285,000 | 29,466,000 |
| Interest expense | 2,039,000 | 4,464,000 | 7,448,000 | 10,918,000 |
| Net interest income | 4,343,000 | 9,029,000 | 13,837,000 | 18,548,000 |
| Noninterest income | 200,000 | 413,000 | 710,000 | 919,000 |
| Noninterest expense | 2,846,000 | 5,856,000 | 8,877,000 | 11,939,000 |
| Provision for loan losses | 65,000 | 82,000 | 156,000 | -103,000 |
| Pretax income | 1,631,000 | 3,499,000 | 5,512,000 | 7,633,000 |
| Income tax | 331,000 | 708,000 | 1,120,000 | 1,559,000 |
| Net income | 1,300,000 | 2,791,000 | 4,392,000 | 6,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,286,000 | 43,777,000 | 45,378,000 | 47,001,000 |
| Total capital | 52,670,000 | 54,256,000 | 55,942,000 | 57,307,000 |
| Risk-weighted assets | 427,660,000 | 445,330,000 | 458,618,000 | 464,210,000 |