Call reports 2020
SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA — 2020
What SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 17,856,000 | 18,827,000 | 19,630,000 | 23,028,000 |
| Total loans | 11,762,000 | 12,624,000 | 13,737,000 | 15,266,000 |
| Allowance for loan losses | 156,000 | 167,000 | 185,000 | 195,000 |
| Securities available for sale | 2,112,000 | 2,917,000 | 2,876,000 | 3,264,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,755,000 | 8,706,000 | 9,498,000 | 10,885,000 |
| Interest-bearing deposits | 8,699,000 | 8,620,000 | 9,381,000 | 10,734,000 |
| Noninterest-bearing deposits | 56,000 | 86,000 | 117,000 | 151,000 |
| Equity capital | 5,803,000 | 5,834,000 | 5,848,000 | 5,864,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 179,000 | 380,000 | 607,000 | 847,000 |
| Interest expense | 53,000 | 110,000 | 167,000 | 227,000 |
| Net interest income | 126,000 | 270,000 | 440,000 | 620,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 129,000 | 270,000 | 399,000 | 542,000 |
| Provision for loan losses | 55,000 | 66,000 | 84,000 | 94,000 |
| Pretax income | -50,000 | -54,000 | -31,000 | -6,000 |
| Income tax | 8,000 | 5,000 | 13,000 | 22,000 |
| Net income | -58,000 | -59,000 | -44,000 | -28,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,770,000 | 5,731,000 | 5,745,000 | 5,762,000 |
| Total capital | 5,900,000 | 5,873,000 | 5,892,000 | 5,922,000 |
| Risk-weighted assets | 10,397,000 | 11,382,000 | 11,750,000 | 12,825,000 |