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 | 76,705,000 | 84,039,000 | 85,143,000 | 85,259,000 |
| Total loans | 48,623,000 | 60,604,000 | 59,075,000 | 57,777,000 |
| Allowance for loan losses | 1,266,000 | 1,308,000 | 1,380,000 | 1,450,000 |
| Securities available for sale | 2,000 | 1,000 | 1,000 | 1,000 |
| Securities held to maturity | 2,692,000 | 1,928,000 | 2,606,000 | 3,578,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,883,000 | 71,169,000 | 72,198,000 | 75,391,000 |
| Interest-bearing deposits | 39,199,000 | 40,270,000 | 41,411,000 | 42,165,000 |
| Noninterest-bearing deposits | 27,684,000 | 30,899,000 | 30,787,000 | 33,226,000 |
| Equity capital | 9,117,000 | 9,134,000 | 9,130,000 | 9,123,000 |
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 | 985,000 | 1,912,000 | 2,769,000 | 3,920,000 |
| Interest expense | 79,000 | 143,000 | 196,000 | 240,000 |
| Net interest income | 906,000 | 1,769,000 | 2,573,000 | 3,680,000 |
| Noninterest income | 152,000 | 269,000 | 409,000 | 535,000 |
| Noninterest expense | 630,000 | 1,231,000 | 1,817,000 | 2,394,000 |
| Provision for loan losses | 37,000 | 75,000 | 113,000 | 150,000 |
| Pretax income | 390,000 | 732,000 | 1,053,000 | 1,671,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 390,000 | 732,000 | 1,053,000 | 1,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,872,000 | 8,889,000 | 8,885,000 | 8,878,000 |
| Total capital | 9,531,000 | 9,731,000 | 9,656,000 | 9,705,000 |
| Risk-weighted assets | 52,148,000 | 66,867,000 | 61,087,000 | 65,577,000 |