Call reports 2004
FIRSTBANK — 2004
What FIRSTBANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 936,700,000 | 844,472,000 | 867,366,000 | 799,057,000 |
| Total loans | 188,125,000 | 192,928,000 | 194,195,000 | 201,356,000 |
| Allowance for loan losses | 2,457,000 | 2,508,000 | 2,571,000 | 2,720,000 |
| Securities available for sale | 447,897,000 | 422,659,000 | 420,245,000 | 386,130,000 |
| Securities held to maturity | 64,832,000 | 64,293,000 | 91,354,000 | 99,271,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 815,060,000 | 771,938,000 | 778,326,000 | 728,256,000 |
| Interest-bearing deposits | 584,346,000 | 523,922,000 | 540,700,000 | 547,028,000 |
| Noninterest-bearing deposits | 230,715,000 | 248,017,000 | 237,625,000 | 181,227,000 |
| Equity capital | 63,057,000 | 59,501,000 | 63,242,000 | 59,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 7,643,000 | 15,781,000 | 24,074,000 | 33,042,000 |
| Interest expense | 1,806,000 | 3,607,000 | 5,401,000 | 7,432,000 |
| Net interest income | 5,837,000 | 12,174,000 | 18,673,000 | 25,610,000 |
| Noninterest income | 3,453,000 | 7,256,000 | 10,799,000 | 14,382,000 |
| Noninterest expense | 4,827,000 | 9,765,000 | 14,836,000 | 19,994,000 |
| Provision for loan losses | 185,000 | 372,000 | 609,000 | 919,000 |
| Pretax income | 4,278,000 | 9,326,000 | 14,060,000 | 19,165,000 |
| Income tax | 1,239,000 | 2,778,000 | 4,179,000 | 5,686,000 |
| Net income | 3,039,000 | 6,548,000 | 9,881,000 | 13,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,190,000 | 55,587,000 | 55,934,000 | 54,520,000 |
| Total capital | 56,647,000 | 58,095,000 | 58,505,000 | 57,240,000 |
| Risk-weighted assets | 317,556,000 | 303,022,000 | 308,415,000 | 299,967,000 |