Call reports 2024
FIRST BANK RICHMOND — 2024
What FIRST BANK RICHMOND 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 | 1,482,135,000 | 1,490,706,000 | 1,487,411,000 | 1,500,367,000 |
| Total loans | 1,139,586,000 | 1,157,650,000 | 1,157,580,000 | 1,176,493,000 |
| Allowance for loan losses | 15,825,000 | 15,882,000 | 15,773,000 | 15,791,000 |
| Securities available for sale | 273,919,000 | 264,834,000 | 265,052,000 | 255,031,000 |
| Securities held to maturity | 4,658,000 | 4,658,000 | 4,052,000 | 3,498,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,082,106,000 | 1,109,513,000 | 1,098,491,000 | 1,101,725,000 |
| Interest-bearing deposits | 960,837,000 | 997,289,000 | 990,573,000 | 983,834,000 |
| Noninterest-bearing deposits | 121,269,000 | 112,224,000 | 107,918,000 | 117,891,000 |
| Equity capital | 116,198,000 | 117,186,000 | 125,790,000 | 119,821,000 |
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 | 19,476,000 | 39,531,000 | 59,762,000 | 80,401,000 |
| Interest expense | 9,772,000 | 20,380,000 | 31,304,000 | 42,204,000 |
| Net interest income | 9,704,000 | 19,151,000 | 28,458,000 | 38,197,000 |
| Noninterest income | 1,247,000 | 2,558,000 | 3,989,000 | 5,359,000 |
| Noninterest expense | 7,719,000 | 15,449,000 | 23,184,000 | 30,816,000 |
| Provision for loan losses | 486,000 | 993,000 | 1,330,000 | 1,634,000 |
| Pretax income | 3,049,000 | 5,744,000 | 8,857,000 | 12,139,000 |
| Income tax | 485,000 | 903,000 | 1,371,000 | 1,760,000 |
| Net income | 2,564,000 | 4,841,000 | 7,486,000 | 10,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,942,000 | 164,216,000 | 164,609,000 | 165,471,000 |
| Total capital | 177,662,000 | 180,073,000 | 180,328,000 | 181,415,000 |
| Risk-weighted assets | 1,256,172,000 | 1,267,477,000 | 1,256,848,000 | 1,275,180,000 |