Call reports 2023
SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA — 2023
What SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 35,701,000 | 35,414,000 | 35,968,000 | 35,978,000 |
| Total loans | 27,713,000 | 28,350,000 | 29,123,000 | 29,038,000 |
| Allowance for loan losses | 353,000 | 357,000 | 334,000 | 368,000 |
| Securities available for sale | 4,639,000 | 4,359,000 | 4,386,000 | 4,474,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,080,000 | 17,904,000 | 18,433,000 | 18,364,000 |
| Interest-bearing deposits | 19,937,000 | 17,677,000 | 18,197,000 | 18,011,000 |
| Noninterest-bearing deposits | 143,000 | 226,000 | 237,000 | 353,000 |
| Equity capital | 6,000,000 | 6,108,000 | 6,224,000 | 6,323,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 442,000 | 916,000 | 1,415,000 | 1,934,000 |
| Interest expense | 149,000 | 318,000 | 523,000 | 767,000 |
| Net interest income | 293,000 | 598,000 | 892,000 | 1,167,000 |
| Noninterest income | 8,000 | 11,000 | 14,000 | 18,000 |
| Noninterest expense | 171,000 | 332,000 | 519,000 | 718,000 |
| Provision for loan losses | 33,000 | 37,000 | 14,000 | 48,000 |
| Pretax income | 92,000 | 230,000 | 357,000 | 398,000 |
| Income tax | 41,000 | 56,000 | 90,000 | 99,000 |
| Net income | 51,000 | 174,000 | 267,000 | 299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,000,000 | 6,108,000 | 6,476,000 | 6,509,000 |
| Total capital | 6,299,000 | 6,414,000 | 6,787,000 | 6,818,000 |
| Risk-weighted assets | 23,884,000 | 24,447,000 | 24,904,000 | 24,685,000 |