Call reports 2020
FIRST BANK — 2020
What FIRST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 418,917,000 | 467,281,000 | 458,034,000 | 459,399,000 |
| Total loans | 329,085,000 | 365,009,000 | 364,044,000 | 350,460,000 |
| Allowance for loan losses | 5,764,000 | 6,505,000 | 6,446,000 | 6,753,000 |
| Securities available for sale | 66,204,000 | 56,495,000 | 66,734,000 | 67,753,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,170,000 | 424,571,000 | 413,165,000 | 413,232,000 |
| Interest-bearing deposits | 300,007,000 | 307,534,000 | 284,679,000 | 293,111,000 |
| Noninterest-bearing deposits | 78,163,000 | 117,037,000 | 128,486,000 | 120,121,000 |
| Equity capital | 39,505,000 | 41,722,000 | 43,507,000 | 44,994,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,260,000 | 11,036,000 | 16,077,000 | 21,215,000 |
| Interest expense | 1,171,000 | 1,940,000 | 2,489,000 | 2,851,000 |
| Net interest income | 4,089,000 | 9,096,000 | 13,588,000 | 18,364,000 |
| Noninterest income | 662,000 | 1,237,000 | 2,162,000 | 2,852,000 |
| Noninterest expense | 2,919,000 | 5,892,000 | 8,794,000 | 12,195,000 |
| Provision for loan losses | 0 | 740,000 | 740,000 | 1,043,000 |
| Pretax income | 1,832,000 | 3,701,000 | 6,249,000 | 8,011,000 |
| Income tax | 383,000 | 853,000 | 1,493,000 | 1,768,000 |
| Net income | 1,449,000 | 2,848,000 | 4,756,000 | 6,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,977,000 | 40,271,000 | 42,193,000 | 43,383,000 |