Call reports 2020
FIRST BANK RICHMOND — 2020
What FIRST BANK RICHMOND reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,005,689,000 | 1,140,810,000 | 1,054,108,000 | 1,084,261,000 |
| Total loans | 694,161,000 | 762,988,000 | 760,438,000 | 746,644,000 |
| Allowance for loan losses | 7,306,000 | 8,521,000 | 9,809,000 | 10,586,000 |
| Securities available for sale | 238,879,000 | 221,192,000 | 231,837,000 | 244,493,000 |
| Securities held to maturity | 13,770,000 | 13,320,000 | 12,315,000 | 12,225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 650,889,000 | 782,457,000 | 698,978,000 | 731,860,000 |
| Interest-bearing deposits | 542,744,000 | 649,209,000 | 574,343,000 | 594,321,000 |
| Noninterest-bearing deposits | 108,145,000 | 133,248,000 | 124,635,000 | 137,539,000 |
| Equity capital | 146,667,000 | 150,271,000 | 153,039,000 | 157,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,522,000 | 21,122,000 | 31,870,000 | 42,860,000 |
| Interest expense | 2,581,000 | 5,079,000 | 7,407,000 | 9,463,000 |
| Net interest income | 7,941,000 | 16,043,000 | 24,463,000 | 33,397,000 |
| Noninterest income | 899,000 | 3,027,000 | 5,022,000 | 6,996,000 |
| Noninterest expense | 5,514,000 | 11,048,000 | 16,920,000 | 22,852,000 |
| Provision for loan losses | 210,000 | 1,530,000 | 2,830,000 | 3,770,000 |
| Pretax income | 3,185,000 | 6,571,000 | 9,931,000 | 13,967,000 |
| Income tax | 675,000 | 1,371,000 | 2,040,000 | 2,849,000 |
| Net income | 2,510,000 | 5,200,000 | 7,891,000 | 11,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 140,340,000 | 147,248,000 | 149,939,000 | 153,325,000 |
| Total capital | 147,646,000 | 155,769,000 | 159,748,000 | 162,624,000 |
| Risk-weighted assets | 771,247,000 | 775,990,000 | 793,650,000 | 742,700,000 |