Call reports 2024
FIRST BANK OF ALABAMA — 2024
What FIRST BANK OF ALABAMA 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 | 1,026,420,000 | 1,060,808,000 | 1,094,222,000 | 1,140,972,000 |
| Total loans | 695,996,000 | 714,758,000 | 699,034,000 | 704,488,000 |
| Allowance for loan losses | 11,521,000 | 10,777,000 | 10,453,000 | 10,938,000 |
| Securities available for sale | 186,464,000 | 207,031,000 | 217,344,000 | 206,379,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 949,625,000 | 980,092,000 | 996,733,000 | 1,048,351,000 |
| Interest-bearing deposits | 852,485,000 | 889,060,000 | 894,895,000 | 932,854,000 |
| Noninterest-bearing deposits | 97,140,000 | 91,032,000 | 101,838,000 | 115,497,000 |
| Equity capital | 70,457,000 | 75,049,000 | 80,626,000 | 79,100,000 |
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 | 14,283,000 | 29,682,000 | 45,334,000 | 61,245,000 |
| Interest expense | 5,808,000 | 12,102,000 | 18,682,000 | 24,615,000 |
| Net interest income | 8,475,000 | 17,580,000 | 26,652,000 | 36,630,000 |
| Noninterest income | 1,946,000 | 4,162,000 | 9,976,000 | 11,875,000 |
| Noninterest expense | 6,306,000 | 12,838,000 | 19,480,000 | 26,535,000 |
| Provision for loan losses | 27,000 | 315,000 | 346,000 | 3,080,000 |
| Pretax income | 4,018,000 | 8,597,000 | 16,865,000 | 18,940,000 |
| Income tax | 840,000 | 1,344,000 | 2,336,000 | 2,582,000 |
| Net income | 3,178,000 | 7,253,000 | 14,529,000 | 16,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,085,000 | 102,274,000 | 108,668,000 | 109,417,000 |
| Total capital | 109,324,000 | 112,747,000 | 119,062,000 | 120,086,000 |
| Risk-weighted assets | 817,371,000 | 837,144,000 | 831,148,000 | 852,923,000 |