Call reports 2024
FIRST RESOURCE BANK — 2024
What FIRST RESOURCE 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 | 610,985,000 | 640,647,000 | 651,662,000 | 663,534,000 |
| Total loans | 550,007,000 | 573,590,000 | 583,249,000 | 598,465,000 |
| Allowance for loan losses | 4,384,000 | 4,430,000 | 4,445,000 | 5,575,000 |
| Securities available for sale | 8,660,000 | 8,288,000 | 8,185,000 | 18,047,000 |
| Securities held to maturity | 8,724,000 | 8,670,000 | 8,618,000 | 8,566,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 513,309,000 | 536,678,000 | 548,388,000 | 553,410,000 |
| Interest-bearing deposits | 416,751,000 | 431,854,000 | 453,403,000 | 465,644,000 |
| Noninterest-bearing deposits | 96,558,000 | 104,824,000 | 94,985,000 | 87,766,000 |
| Equity capital | 47,316,000 | 48,724,000 | 50,654,000 | 51,568,000 |
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 | 8,380,000 | 17,397,000 | 26,893,000 | 36,545,000 |
| Interest expense | 3,718,000 | 7,751,000 | 12,070,000 | 16,311,000 |
| Net interest income | 4,662,000 | 9,646,000 | 14,823,000 | 20,234,000 |
| Noninterest income | 396,000 | 687,000 | 973,000 | 1,262,000 |
| Noninterest expense | 3,265,000 | 6,550,000 | 9,872,000 | 13,125,000 |
| Provision for loan losses | 71,000 | 319,000 | 332,000 | 1,461,000 |
| Pretax income | 1,729,000 | 3,473,000 | 5,601,000 | 6,920,000 |
| Income tax | 359,000 | 713,000 | 1,146,000 | 1,388,000 |
| Net income | 1,370,000 | 2,760,000 | 4,455,000 | 5,532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,371,000 | 49,761,000 | 51,456,000 | 52,533,000 |
| Total capital | 58,745,000 | 60,183,000 | 61,897,000 | 64,106,000 |
| Risk-weighted assets | 480,160,000 | 501,842,000 | 509,643,000 | 521,603,000 |
Machine access — free, no API key
Every figure shown here about FIRST RESOURCE BANK — 2024 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.