Call reports 2008
FIRST BANK — 2008
What FIRST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 202,300,000 | 201,541,000 | 264,190,000 | 249,466,000 |
| Total loans | 93,158,000 | 89,855,000 | 91,045,000 | 95,451,000 |
| Allowance for loan losses | 846,000 | 825,000 | 1,300,000 | 1,264,000 |
| Securities available for sale | 63,200,000 | 73,418,000 | 92,573,000 | 97,154,000 |
| Securities held to maturity | 614,000 | 572,000 | 0 | 0 |
| Trading assets | 10,992,000 | 9,993,000 | 9,987,000 | 10,032,000 |
| Total deposits | 179,686,000 | 179,748,000 | 212,185,000 | 177,203,000 |
| Interest-bearing deposits | 127,347,000 | 126,906,000 | 160,928,000 | 127,246,000 |
| Noninterest-bearing deposits | 52,339,000 | 52,842,000 | 51,257,000 | 49,957,000 |
| Equity capital | 19,166,000 | 18,749,000 | 48,254,000 | 46,852,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,820,000 | 5,468,000 | 930,000 | 3,754,000 |
| Interest expense | 793,000 | 1,460,000 | 269,000 | 910,000 |
| Net interest income | 2,027,000 | 4,008,000 | 661,000 | 2,844,000 |
| Noninterest income | 706,000 | 1,283,000 | 213,000 | 835,000 |
| Noninterest expense | 1,948,000 | 3,840,000 | 707,000 | 2,955,000 |
| Provision for loan losses | 17,000 | 20,000 | 0 | 0 |
| Pretax income | 768,000 | 1,627,000 | 167,000 | 724,000 |
| Income tax | 149,000 | 332,000 | 0 | 0 |
| Net income | 619,000 | 1,295,000 | 167,000 | 724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,473,000 | 19,001,000 | 19,487,000 | 16,872,000 |
| Total capital | 19,319,000 | 19,826,000 | 20,787,000 | 18,136,000 |
| Risk-weighted assets | 126,507,000 | 147,867,000 | 155,102,000 | 147,671,000 |