Call reports 2023
FIRST CREDIT BANK — 2023
What FIRST CREDIT BANK 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 | 595,459,000 | 560,270,000 | 555,049,000 | 578,104,000 |
| Total loans | 459,006,000 | 464,999,000 | 465,684,000 | 477,823,000 |
| Allowance for loan losses | 13,762,000 | 13,289,000 | 13,573,000 | 13,701,000 |
| Securities available for sale | 10,126,000 | 12,487,000 | 12,390,000 | 11,677,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 377,875,000 | 339,172,000 | 327,726,000 | 350,144,000 |
| Interest-bearing deposits | 348,075,000 | 313,040,000 | 300,659,000 | 325,940,000 |
| Noninterest-bearing deposits | 29,800,000 | 26,132,000 | 27,067,000 | 24,204,000 |
| Equity capital | 211,196,000 | 212,549,000 | 216,921,000 | 221,409,000 |
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 | 12,108,000 | 24,702,000 | 37,588,000 | 51,386,000 |
| Interest expense | 2,483,000 | 5,344,000 | 8,334,000 | 11,670,000 |
| Net interest income | 9,625,000 | 19,358,000 | 29,254,000 | 39,716,000 |
| Noninterest income | 53,000 | 105,000 | 224,000 | 315,000 |
| Noninterest expense | 1,487,000 | 2,753,000 | 3,850,000 | 5,916,000 |
| Provision for loan losses | 55,000 | -418,000 | -134,000 | -6,000 |
| Pretax income | 8,150,000 | 17,128,000 | 25,735,000 | 34,004,000 |
| Income tax | 279,000 | 700,000 | 1,062,000 | 1,281,000 |
| Net income | 7,871,000 | 16,428,000 | 24,673,000 | 32,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 210,942,000 | 212,359,000 | 216,828,000 | 221,047,000 |
| Total capital | 217,934,000 | 219,397,000 | 223,860,000 | 228,233,000 |
| Risk-weighted assets | 552,027,000 | 556,218,000 | 555,688,000 | 567,423,000 |