Call reports 2024
FIRST PACIFIC BANK — 2024
What FIRST PACIFIC 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 | 440,960,000 | 430,325,000 | 433,639,000 | 432,854,000 |
| Total loans | 274,753,000 | 270,021,000 | 267,955,000 | 277,384,000 |
| Allowance for loan losses | 3,110,000 | 3,110,000 | 3,110,000 | 3,180,000 |
| Securities available for sale | 5,138,000 | 3,078,000 | 3,042,000 | 1,866,000 |
| Securities held to maturity | 103,491,000 | 102,219,000 | 101,276,000 | 100,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,147,000 | 354,228,000 | 342,418,000 | 351,309,000 |
| Interest-bearing deposits | 215,560,000 | 209,355,000 | 212,319,000 | 219,180,000 |
| Noninterest-bearing deposits | 134,587,000 | 144,873,000 | 130,099,000 | 132,129,000 |
| Equity capital | 36,876,000 | 37,315,000 | 37,791,000 | 38,422,000 |
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 | 5,655,000 | 11,399,000 | 17,165,000 | 22,883,000 |
| Interest expense | 2,253,000 | 4,465,000 | 6,700,000 | 8,809,000 |
| Net interest income | 3,402,000 | 6,934,000 | 10,465,000 | 14,074,000 |
| Noninterest income | 162,000 | 456,000 | 632,000 | 805,000 |
| Noninterest expense | 3,322,000 | 6,872,000 | 10,226,000 | 13,291,000 |
| Provision for loan losses | 0 | 0 | 0 | 70,000 |
| Pretax income | 242,000 | 518,000 | 871,000 | 1,588,000 |
| Income tax | 66,000 | 142,000 | 241,000 | 448,000 |
| Net income | 176,000 | 376,000 | 630,000 | 1,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,586,000 | 36,983,000 | 37,396,000 | 38,074,000 |
| Total capital | 39,785,000 | 40,182,000 | 40,595,000 | 41,273,000 |
| Risk-weighted assets | 325,660,000 | 314,022,000 | 316,562,000 | 307,804,000 |