Call reports 2024
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF COVINGTON — 2024
What CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF COVINGTON 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 | 40,879,000 | 41,322,000 | 42,579,000 | 40,966,000 |
| Total loans | 30,771,000 | 32,021,000 | 31,797,000 | 31,629,000 |
| Allowance for loan losses | 272,000 | 272,000 | 272,000 | 272,000 |
| Securities available for sale | 3,897,000 | 3,895,000 | 4,634,000 | 4,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,158,000 | 26,692,000 | 27,890,000 | 26,676,000 |
| Interest-bearing deposits | 26,018,000 | 26,472,000 | 27,569,000 | 26,666,000 |
| Noninterest-bearing deposits | 140,000 | 220,000 | 321,000 | 10,000 |
| Equity capital | 11,052,000 | 11,051,000 | 11,175,000 | 11,092,000 |
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 | 433,000 | 882,000 | 1,346,000 | 1,826,000 |
| Interest expense | 223,000 | 475,000 | 763,000 | 1,041,000 |
| Net interest income | 210,000 | 407,000 | 583,000 | 785,000 |
| Noninterest income | 6,000 | 13,000 | 20,000 | 28,000 |
| Noninterest expense | 224,000 | 437,000 | 647,000 | 853,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -7,000 | -16,000 | -43,000 | -39,000 |
| Income tax | 16,000 | 9,000 | -3,000 | 11,000 |
| Net income | -23,000 | -25,000 | -40,000 | -50,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,490,000 | 11,487,000 | 11,472,000 | 11,463,000 |
| Total capital | 11,727,000 | 11,737,000 | 11,728,000 | 11,711,000 |
| Risk-weighted assets | 18,897,000 | 20,000,000 | 20,517,000 | 19,842,000 |