Call reports 2024
FIRST BANK — 2024
What FIRST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 721,527,000 | 728,056,000 | 729,021,000 | 739,517,000 |
| Total loans | 428,567,000 | 430,860,000 | 426,947,000 | 445,473,000 |
| Allowance for loan losses | 7,030,000 | 7,140,000 | 7,317,000 | 7,577,000 |
| Securities available for sale | 190,552,000 | 187,941,000 | 186,520,000 | 180,142,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 657,289,000 | 662,062,000 | 657,355,000 | 669,963,000 |
| Interest-bearing deposits | 416,934,000 | 409,086,000 | 419,849,000 | 441,939,000 |
| Noninterest-bearing deposits | 240,355,000 | 252,976,000 | 237,506,000 | 228,024,000 |
| Equity capital | 59,017,000 | 60,934,000 | 66,341,000 | 65,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,922,000 | 16,135,000 | 24,935,000 | 33,790,000 |
| Interest expense | 2,302,000 | 3,839,000 | 5,956,000 | 8,000,000 |
| Net interest income | 5,620,000 | 12,296,000 | 18,979,000 | 25,790,000 |
| Noninterest income | 1,571,000 | 2,459,000 | 3,705,000 | 4,872,000 |
| Noninterest expense | 4,553,000 | 8,926,000 | 13,328,000 | 18,036,000 |
| Provision for loan losses | 105,000 | 225,000 | 375,000 | 525,000 |
| Pretax income | 2,533,000 | 5,604,000 | 8,981,000 | 12,101,000 |
| Income tax | 593,000 | 1,321,000 | 2,124,000 | 2,860,000 |
| Net income | 1,940,000 | 4,283,000 | 6,857,000 | 9,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,627,000 | 66,992,000 | 68,566,000 | 70,045,000 |
| Total capital | 71,330,000 | 72,802,000 | 74,360,000 | 76,089,000 |
| Risk-weighted assets | 454,345,000 | 462,869,000 | 461,433,000 | 481,416,000 |