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 | 121,928,000 | 128,099,000 | 129,976,000 | 128,374,000 |
| Total loans | 96,594,000 | 105,000,000 | 102,243,000 | 96,125,000 |
| Allowance for loan losses | 1,676,000 | 1,737,000 | 1,741,000 | 1,683,000 |
| Securities available for sale | 13,758,000 | 12,354,000 | 11,927,000 | 14,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,668,000 | 108,985,000 | 112,429,000 | 111,894,000 |
| Interest-bearing deposits | 85,999,000 | 93,622,000 | 97,266,000 | 88,750,000 |
| Noninterest-bearing deposits | 14,669,000 | 15,363,000 | 15,163,000 | 23,144,000 |
| Equity capital | 11,997,000 | 11,265,000 | 11,202,000 | 10,507,000 |
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 | 2,004,000 | 3,800,000 | 5,702,000 | 7,399,000 |
| Interest expense | 745,000 | 1,439,000 | 2,265,000 | 3,027,000 |
| Net interest income | 1,259,000 | 2,361,000 | 3,437,000 | 4,372,000 |
| Noninterest income | 238,000 | 464,000 | 674,000 | 875,000 |
| Noninterest expense | 1,028,000 | 2,138,000 | 3,174,000 | 4,072,000 |
| Provision for loan losses | 178,000 | 1,313,000 | 1,966,000 | 3,434,000 |
| Pretax income | 291,000 | -626,000 | -1,029,000 | -2,161,000 |
| Income tax | 109,000 | -235,000 | -386,000 | -821,000 |
| Net income | 182,000 | -391,000 | -643,000 | -1,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,797,000 | 11,223,000 | 11,170,000 | 10,472,000 |
| Total capital | 13,015,000 | 12,561,000 | 12,494,000 | 11,737,000 |
| Risk-weighted assets | 96,959,000 | 106,647,000 | 105,484,000 | 100,790,000 |