Call reports 2025
FIRST NATIONAL BANK, CORTEZ — 2025
What FIRST NATIONAL BANK, CORTEZ reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 142,959,000 | 152,510,000 | 153,652,000 | 152,333,000 |
| Total loans | 91,970,000 | 95,755,000 | 95,592,000 | 97,935,000 |
| Allowance for loan losses | 1,171,000 | 1,191,000 | 1,215,000 | 1,261,000 |
| Securities available for sale | 18,312,000 | 21,531,000 | 20,904,000 | 22,285,000 |
| Securities held to maturity | 12,774,000 | 13,227,000 | 13,543,000 | 14,144,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,266,000 | 132,152,000 | 132,467,000 | 132,208,000 |
| Interest-bearing deposits | 91,176,000 | 96,800,000 | 96,657,000 | 99,595,000 |
| Noninterest-bearing deposits | 32,090,000 | 35,352,000 | 35,810,000 | 32,613,000 |
| Equity capital | 13,076,000 | 13,688,000 | 14,398,000 | 14,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 1,898,000 | 3,908,000 | 6,035,000 | 8,123,000 |
| Interest expense | 602,000 | 1,222,000 | 1,898,000 | 2,579,000 |
| Net interest income | 1,296,000 | 2,686,000 | 4,137,000 | 5,544,000 |
| Noninterest income | 131,000 | 268,000 | 417,000 | 566,000 |
| Noninterest expense | 895,000 | 1,810,000 | 2,736,000 | 3,685,000 |
| Provision for loan losses | 20,000 | 40,000 | 70,000 | 120,000 |
| Pretax income | 512,000 | 1,104,000 | 1,748,000 | 2,305,000 |
| Income tax | 126,000 | 268,000 | 424,000 | 557,000 |
| Net income | 386,000 | 836,000 | 1,324,000 | 1,748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,696,000 | 15,145,000 | 15,635,000 | 16,060,000 |
| Total capital | 15,862,000 | 16,381,000 | 16,876,000 | 17,331,000 |
| Risk-weighted assets | 93,265,000 | 101,114,000 | 99,257,000 | 101,673,000 |