Call reports 2021
SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA — 2021
What SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 23,266,000 | 27,207,000 | 27,750,000 | 27,519,000 |
| Total loans | 15,137,000 | 15,897,000 | 17,158,000 | 19,347,000 |
| Allowance for loan losses | 202,000 | 212,000 | 228,000 | 251,000 |
| Securities available for sale | 3,230,000 | 5,228,000 | 6,123,000 | 5,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,571,000 | 17,490,000 | 17,946,000 | 18,026,000 |
| Interest-bearing deposits | 13,487,000 | 17,357,000 | 17,805,000 | 17,806,000 |
| Noninterest-bearing deposits | 85,000 | 133,000 | 140,000 | 220,000 |
| Equity capital | 5,906,000 | 5,949,000 | 6,026,000 | 5,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 259,000 | 531,000 | 821,000 | 1,108,000 |
| Interest expense | 56,000 | 112,000 | 170,000 | 229,000 |
| Net interest income | 203,000 | 419,000 | 651,000 | 879,000 |
| Noninterest income | 1,000 | 1,000 | 2,000 | 3,000 |
| Noninterest expense | 128,000 | 249,000 | 379,000 | 543,000 |
| Provision for loan losses | 6,000 | 16,000 | 32,000 | 55,000 |
| Pretax income | 68,000 | 151,000 | 232,000 | 275,000 |
| Income tax | 8,000 | 45,000 | 74,000 | 93,000 |
| Net income | 60,000 | 106,000 | 158,000 | 182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,831,000 | 5,877,000 | 5,855,000 | 5,922,000 |
| Total capital | 5,993,000 | 6,075,000 | 6,069,000 | 6,134,000 |
| Risk-weighted assets | 12,949,000 | 15,838,000 | 17,139,000 | 16,948,000 |