First Bank (FRBA) financial statements (2022 and earlier)

Company profile

Business Address 311 WOODWORTH AVE
ALMA, MI 48801
State of Incorp. MI
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1621209189198 
Cash and cash equivalents95756052111 
Short-term investments6746313887 
Total current assets:1621209189198 
Noncurrent Assets
Property, plant and equipment2424242424 
Intangible assets, net (including goodwill)3636363636
Goodwill3636363636 
Intangible assets, net (excluding goodwill)11111 
Total noncurrent assets:6060606161 
Other undisclosed assets1,2791,2991,3261,3071,256 
TOTAL ASSETS:1,5001,4801,4771,4571,516 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,3601,3421,3421,3251,366 
Total liabilities:1,3601,3421,3421,3251,366 
Stockholders' equity
Stockholders' equity attributable to parent140138135132149 
Preferred stock    17 
Common stock117117116116116 
Accumulated other comprehensive income10104 
Retained earnings2321181613 
Total stockholders' equity:140138135132149 
TOTAL LIABILITIES AND EQUITY:1,5001,4801,4771,4571,516 

Income statement (P&L) ($ in millions)

3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Revenues
(Financial Services Revenue)
1414141515 
Cost of revenue
(Financial Services Costs)
   (1)(1) 
Gross profit:1414141413 
Operating expenses(6)(6)(7)(6)(6) 
Operating income:88787 
Nonoperating income00000 
Investment income, nonoperating0 000 
Interest and debt expense(1)(1)(2)(2)(2) 
Other undisclosed loss from continuing operations before equity method investments, income taxes (13)    
Income (loss) from continuing operations before income taxes:6(6)675 
Income tax expense(1)(1)(1)(1)(1) 
Income (loss) before gain (loss) on sale of properties:5(8)554 
Other undisclosed net income (loss)(3)11(2)(2)(1) 
Net income attributable to parent:23333 
Preferred stock dividends and other adjustments   (0)(0) 
Net income available to common stockholders, diluted:23333 

Comprehensive Income ($ in millions)

3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Net income:23333 
Other comprehensive income (loss)0(1)0(3)(0) 
Comprehensive income, net of tax, attributable to parent:33303 

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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