Call reports 2008
FIRST BANK — 2008
What FIRST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 117,792,000 | 118,493,000 | 113,844,000 | 110,227,000 |
| Total loans | 94,792,000 | 94,376,000 | 90,296,000 | 84,156,000 |
| Allowance for loan losses | 1,159,000 | 1,096,000 | 1,223,000 | 1,417,000 |
| Securities available for sale | 1,012,000 | 895,000 | 852,000 | 792,000 |
| Securities held to maturity | 14,231,000 | 13,185,000 | 12,428,000 | 12,363,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,346,000 | 108,174,000 | 103,061,000 | 100,656,000 |
| Interest-bearing deposits | 84,334,000 | 85,664,000 | 80,877,000 | 79,878,000 |
| Noninterest-bearing deposits | 23,012,000 | 22,510,000 | 22,184,000 | 20,778,000 |
| Equity capital | 7,810,000 | 7,599,000 | 10,021,000 | 9,021,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,127,000 | 4,132,000 | 5,994,000 | 7,676,000 |
| Interest expense | 780,000 | 1,500,000 | 2,148,000 | 2,698,000 |
| Net interest income | 1,347,000 | 2,632,000 | 3,846,000 | 4,978,000 |
| Noninterest income | 303,000 | 613,000 | 909,000 | 1,207,000 |
| Noninterest expense | 1,189,000 | 2,356,000 | 3,542,000 | 4,660,000 |
| Provision for loan losses | 248,000 | 348,000 | 539,000 | 1,842,000 |
| Pretax income | 213,000 | 541,000 | 674,000 | -317,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 213,000 | 541,000 | 674,000 | -317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,810,000 | 7,608,000 | 10,025,000 | 9,035,000 |
| Total capital | 8,969,000 | 8,704,000 | 11,219,000 | 10,199,000 |
| Risk-weighted assets | 99,383,000 | 99,417,000 | 95,523,000 | 92,862,000 |