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 | 251,181,000 | 248,481,000 | 256,904,000 | 266,232,000 |
| Total loans | 181,125,000 | 183,462,000 | 198,279,000 | 202,971,000 |
| Allowance for loan losses | 2,262,000 | 2,265,000 | 2,388,000 | 3,131,000 |
| Securities available for sale | 29,692,000 | 24,450,000 | 24,311,000 | 21,930,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,163,000 | 188,342,000 | 199,246,000 | 209,407,000 |
| Interest-bearing deposits | 149,974,000 | 145,157,000 | 161,274,000 | 171,509,000 |
| Noninterest-bearing deposits | 41,189,000 | 43,185,000 | 37,972,000 | 37,898,000 |
| Equity capital | 20,552,000 | 20,627,000 | 21,025,000 | 20,643,000 |
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 | 3,827,000 | 7,359,000 | 10,882,000 | 14,438,000 |
| Interest expense | 1,679,000 | 3,083,000 | 4,462,000 | 5,888,000 |
| Net interest income | 2,148,000 | 4,276,000 | 6,420,000 | 8,550,000 |
| Noninterest income | 617,000 | 1,120,000 | 1,648,000 | 2,203,000 |
| Noninterest expense | 1,943,000 | 3,842,000 | 5,850,000 | 7,826,000 |
| Provision for loan losses | 45,000 | 75,000 | 238,000 | 1,396,000 |
| Pretax income | 777,000 | 1,479,000 | 1,980,000 | 1,531,000 |
| Income tax | 282,000 | 531,000 | 657,000 | 394,000 |
| Net income | 495,000 | 948,000 | 1,323,000 | 1,137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,367,000 | 20,550,000 | 20,926,000 | 20,454,000 |
| Total capital | 22,629,000 | 22,815,000 | 23,314,000 | 23,097,000 |
| Risk-weighted assets | 190,387,000 | 191,176,000 | 205,266,000 | 210,916,000 |