Call reports 2023
FIRST BANK RICHMOND — 2023
What FIRST BANK RICHMOND 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 | 1,357,547,000 | 1,404,192,000 | 1,417,452,000 | 1,457,261,000 |
| Total loans | 1,004,771,000 | 1,059,063,000 | 1,083,513,000 | 1,108,357,000 |
| Allowance for loan losses | 15,495,000 | 15,391,000 | 15,496,000 | 15,663,000 |
| Securities available for sale | 290,776,000 | 280,370,000 | 263,449,000 | 282,199,000 |
| Securities held to maturity | 5,752,000 | 5,751,000 | 5,134,000 | 4,950,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,054,130,000 | 1,060,169,000 | 1,070,428,000 | 1,057,411,000 |
| Interest-bearing deposits | 933,207,000 | 934,882,000 | 938,277,000 | 927,776,000 |
| Noninterest-bearing deposits | 120,923,000 | 125,287,000 | 132,151,000 | 129,635,000 |
| Equity capital | 108,224,000 | 106,453,000 | 97,075,000 | 116,477,000 |
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 | 15,174,000 | 31,381,000 | 48,777,000 | 67,340,000 |
| Interest expense | 5,402,000 | 12,382,000 | 20,764,000 | 30,104,000 |
| Net interest income | 9,772,000 | 18,999,000 | 28,013,000 | 37,236,000 |
| Noninterest income | 1,210,000 | 2,493,000 | 3,764,000 | 5,102,000 |
| Noninterest expense | 7,014,000 | 14,063,000 | 21,740,000 | 29,437,000 |
| Provision for loan losses | 340,000 | 451,000 | 855,000 | 1,264,000 |
| Pretax income | 3,798,000 | 7,251,000 | 9,809,000 | 12,369,000 |
| Income tax | 666,000 | 1,268,000 | 1,680,000 | 2,025,000 |
| Net income | 3,132,000 | 5,983,000 | 8,129,000 | 10,344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 151,738,000 | 154,589,000 | 156,735,000 | 159,409,000 |
| Total capital | 166,213,000 | 169,748,000 | 172,455,000 | 174,938,000 |
| Risk-weighted assets | 1,154,818,000 | 1,210,434,000 | 1,256,139,000 | 1,240,587,000 |