Call reports 2023
FIRST BANK OF ALABAMA — 2023
What FIRST BANK OF ALABAMA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 961,522,000 | 1,023,921,000 | 963,224,000 | 985,057,000 |
| Total loans | 653,416,000 | 680,296,000 | 680,490,000 | 687,772,000 |
| Allowance for loan losses | 11,213,000 | 11,160,000 | 11,179,000 | 12,749,000 |
| Securities available for sale | 193,738,000 | 190,425,000 | 175,440,000 | 190,363,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 895,928,000 | 953,125,000 | 893,421,000 | 912,157,000 |
| Interest-bearing deposits | 718,492,000 | 732,178,000 | 693,494,000 | 704,286,000 |
| Noninterest-bearing deposits | 177,436,000 | 220,947,000 | 199,927,000 | 207,871,000 |
| Equity capital | 59,997,000 | 63,849,000 | 56,411,000 | 66,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 11,851,000 | 24,877,000 | 38,352,000 | 52,220,000 |
| Interest expense | 3,018,000 | 7,343,000 | 12,369,000 | 17,786,000 |
| Net interest income | 8,833,000 | 17,534,000 | 25,983,000 | 34,434,000 |
| Noninterest income | 2,859,000 | 4,709,000 | 6,505,000 | 8,638,000 |
| Noninterest expense | 6,330,000 | 12,341,000 | 18,513,000 | 24,774,000 |
| Provision for loan losses | 169,000 | 188,000 | 308,000 | 2,329,000 |
| Pretax income | 5,193,000 | 9,714,000 | 13,515,000 | 15,803,000 |
| Income tax | 1,092,000 | 114,000 | 417,000 | 2,064,000 |
| Net income | 4,101,000 | 9,600,000 | 13,098,000 | 13,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,032,000 | 94,372,000 | 97,034,000 | 96,791,000 |
| Total capital | 99,345,000 | 104,086,000 | 106,639,000 | 106,779,000 |
| Risk-weighted assets | 743,210,000 | 775,733,000 | 766,856,000 | 795,836,000 |