Call reports 2024
FIRST CREDIT BANK — 2024
What FIRST CREDIT BANK 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 | 578,206,000 | 562,688,000 | 562,346,000 | 534,288,000 |
| Total loans | 483,372,000 | 452,223,000 | 415,009,000 | 413,255,000 |
| Allowance for loan losses | 13,568,000 | 13,881,000 | 12,868,000 | 13,940,000 |
| Securities available for sale | 10,656,000 | 10,618,000 | 10,258,000 | 10,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,388,000 | 321,861,000 | 312,715,000 | 299,913,000 |
| Interest-bearing deposits | 317,827,000 | 294,504,000 | 270,563,000 | 253,886,000 |
| Noninterest-bearing deposits | 22,561,000 | 27,357,000 | 42,152,000 | 46,027,000 |
| Equity capital | 229,719,000 | 231,222,000 | 238,701,000 | 227,919,000 |
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 | 13,147,000 | 26,969,000 | 41,501,000 | 53,599,000 |
| Interest expense | 3,670,000 | 7,069,000 | 10,204,000 | 12,919,000 |
| Net interest income | 9,477,000 | 19,900,000 | 31,297,000 | 40,680,000 |
| Noninterest income | 34,000 | 465,000 | 513,000 | 725,000 |
| Noninterest expense | 703,000 | 2,525,000 | 3,521,000 | 5,388,000 |
| Provision for loan losses | 332,000 | 645,000 | -368,000 | 704,000 |
| Pretax income | 8,635,000 | 17,627,000 | 29,405,000 | 35,427,000 |
| Income tax | 294,000 | 837,000 | 1,200,000 | 1,349,000 |
| Net income | 8,341,000 | 16,790,000 | 28,205,000 | 34,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 229,388,000 | 230,939,000 | 238,294,000 | 227,654,000 |
| Total capital | 236,936,000 | 237,971,000 | 244,828,000 | 234,204,000 |
| Risk-weighted assets | 597,018,000 | 555,219,000 | 516,153,000 | 515,780,000 |