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 | 403,205,000 | 406,155,000 | 447,145,000 | 440,308,000 |
| Total loans | 212,078,000 | 220,666,000 | 221,683,000 | 230,344,000 |
| Allowance for loan losses | 2,392,000 | 2,498,000 | 2,617,000 | 2,617,000 |
| Securities available for sale | 155,951,000 | 145,760,000 | 148,877,000 | 174,395,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,125,000 | 356,992,000 | 409,246,000 | 386,278,000 |
| Interest-bearing deposits | 301,674,000 | 299,040,000 | 339,494,000 | 325,179,000 |
| Noninterest-bearing deposits | 45,451,000 | 57,952,000 | 69,752,000 | 61,099,000 |
| Equity capital | 32,856,000 | 30,566,000 | 30,896,000 | 33,413,000 |
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 | 6,223,000 | 12,104,000 | 18,147,000 | 24,205,000 |
| Interest expense | 2,183,000 | 3,901,000 | 5,557,000 | 7,168,000 |
| Net interest income | 4,040,000 | 8,203,000 | 12,590,000 | 17,037,000 |
| Noninterest income | 705,000 | 1,693,000 | 2,784,000 | 4,052,000 |
| Noninterest expense | 3,828,000 | 7,524,000 | 11,458,000 | 16,187,000 |
| Provision for loan losses | 70,000 | 170,000 | 290,000 | 410,000 |
| Pretax income | 847,000 | 2,650,000 | 4,074,000 | 4,940,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 847,000 | 2,650,000 | 4,074,000 | 4,940,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,244,000 | 30,171,000 | 30,778,000 | 31,643,000 |
| Total capital | 31,646,000 | 32,673,000 | 33,395,000 | 34,362,000 |
| Risk-weighted assets | 274,197,000 | 282,937,000 | 293,566,000 | 283,481,000 |