Call reports 2020
FIRST FEDERAL SAVINGS BANK OF LINCOLNTON — 2020
What FIRST FEDERAL SAVINGS BANK OF LINCOLNTON 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 | 394,518,000 | 410,919,000 | 416,519,000 | 426,587,000 |
| Total loans | 307,480,000 | 290,221,000 | 283,390,000 | 275,762,000 |
| Allowance for loan losses | 2,318,000 | 2,642,000 | 2,686,000 | 2,691,000 |
| Securities available for sale | 21,313,000 | 26,158,000 | 30,006,000 | 36,910,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 326,629,000 | 342,202,000 | 347,019,000 | 356,631,000 |
| Interest-bearing deposits | 306,357,000 | 317,281,000 | 322,861,000 | 329,925,000 |
| Noninterest-bearing deposits | 20,272,000 | 24,921,000 | 24,158,000 | 26,706,000 |
| Equity capital | 65,653,000 | 66,391,000 | 67,164,000 | 67,544,000 |
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 | 4,232,000 | 7,971,000 | 11,705,000 | 15,191,000 |
| Interest expense | 998,000 | 1,920,000 | 2,817,000 | 3,611,000 |
| Net interest income | 3,234,000 | 6,051,000 | 8,888,000 | 11,580,000 |
| Noninterest income | 60,000 | 157,000 | 242,000 | 155,000 |
| Noninterest expense | 2,022,000 | 4,134,000 | 6,062,000 | 8,424,000 |
| Provision for loan losses | 318,000 | 641,000 | 641,000 | 641,000 |
| Pretax income | 954,000 | 1,808,000 | 2,802,000 | 3,045,000 |
| Income tax | 245,000 | 386,000 | 641,000 | 639,000 |
| Net income | 709,000 | 1,422,000 | 2,161,000 | 2,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,589,000 | 66,302,000 | 67,041,000 | 67,287,000 |
| Total capital | 67,907,000 | 68,866,000 | 69,571,000 | 69,758,000 |
| Risk-weighted assets | 212,054,000 | 205,062,000 | 202,215,000 | 197,481,000 |