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 | 35,014,000 | 34,408,000 | 35,182,000 | 35,749,000 |
| Total loans | 12,557,000 | 12,530,000 | 11,690,000 | 12,272,000 |
| Allowance for loan losses | 201,000 | 191,000 | 191,000 | 191,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,830,000 | 15,781,000 | 16,731,000 | 16,240,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,963,000 | 31,314,000 | 32,055,000 | 32,595,000 |
| Interest-bearing deposits | 10,986,000 | 21,204,000 | 21,577,000 | 21,545,000 |
| Noninterest-bearing deposits | 20,977,000 | 10,110,000 | 10,478,000 | 11,050,000 |
| Equity capital | 2,873,000 | 2,918,000 | 2,961,000 | 2,986,000 |
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 | 493,000 | 934,000 | 1,360,000 | 1,760,000 |
| Interest expense | 163,000 | 288,000 | 400,000 | 504,000 |
| Net interest income | 330,000 | 646,000 | 960,000 | 1,256,000 |
| Noninterest income | 63,000 | 118,000 | 172,000 | 223,000 |
| Noninterest expense | 211,000 | 412,000 | 627,000 | 829,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 182,000 | 352,000 | 505,000 | 650,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 182,000 | 352,000 | 505,000 | 650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,702,000 | 2,747,000 | 2,790,000 | 2,815,000 |
| Total capital | 2,903,000 | 2,938,000 | 2,981,000 | 3,006,000 |
| Risk-weighted assets | 17,325,000 | 17,218,000 | 16,611,000 | 17,082,000 |