Call reports 2024
SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA — 2024
What SECOND FEDERAL SAVINGS & LOAN ASSOCIATION OF PHILADELPHIA 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 | 38,275,000 | 39,250,000 | 39,472,000 | 40,135,000 |
| Total loans | 31,353,000 | 29,978,000 | 31,482,000 | 31,240,000 |
| Allowance for loan losses | 347,000 | 338,000 | 343,000 | 423,000 |
| Securities available for sale | 4,493,000 | 4,551,000 | 4,638,000 | 4,587,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,517,000 | 21,356,000 | 21,672,000 | 22,325,000 |
| Interest-bearing deposits | 20,362,000 | 21,097,000 | 21,403,000 | 21,940,000 |
| Noninterest-bearing deposits | 155,000 | 260,000 | 269,000 | 384,000 |
| Equity capital | 6,412,000 | 6,511,000 | 6,656,000 | 6,656,000 |
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 | 539,000 | 1,122,000 | 1,754,000 | 2,375,000 |
| Interest expense | 262,000 | 551,000 | 843,000 | 1,127,000 |
| Net interest income | 277,000 | 571,000 | 911,000 | 1,248,000 |
| Noninterest income | 4,000 | 12,000 | 11,000 | 20,000 |
| Noninterest expense | 199,000 | 392,000 | 594,000 | 811,000 |
| Provision for loan losses | -20,000 | -29,000 | -24,000 | 56,000 |
| Pretax income | 97,000 | 193,000 | 269,000 | 310,000 |
| Income tax | 27,000 | 56,000 | 82,000 | 96,000 |
| Net income | 70,000 | 137,000 | 187,000 | 214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,579,000 | 6,645,000 | 6,696,000 | 6,723,000 |
| Total capital | 6,912,000 | 6,967,000 | 7,027,000 | 7,056,000 |
| Risk-weighted assets | 26,683,000 | 25,785,000 | 26,474,000 | 26,551,000 |