Call reports 2021
FIRST FEDERAL SAVINGS BANK OF LINCOLNTON — 2021
What FIRST FEDERAL SAVINGS BANK OF LINCOLNTON 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 | 432,471,000 | 441,741,000 | 445,741,000 | 451,164,000 |
| Total loans | 268,210,000 | 265,299,000 | 262,041,000 | 267,630,000 |
| Allowance for loan losses | 2,695,000 | 2,713,000 | 2,718,000 | 2,637,000 |
| Securities available for sale | 49,431,000 | 80,749,000 | 94,529,000 | 93,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,936,000 | 369,962,000 | 373,440,000 | 377,634,000 |
| Interest-bearing deposits | 333,632,000 | 336,474,000 | 341,447,000 | 347,240,000 |
| Noninterest-bearing deposits | 28,304,000 | 33,488,000 | 31,993,000 | 30,394,000 |
| Equity capital | 68,003,000 | 69,176,000 | 69,656,000 | 70,606,000 |
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 | 3,349,000 | 6,700,000 | 10,022,000 | 13,327,000 |
| Interest expense | 493,000 | 842,000 | 1,127,000 | 1,384,000 |
| Net interest income | 2,856,000 | 5,858,000 | 8,895,000 | 11,943,000 |
| Noninterest income | 73,000 | 153,000 | 236,000 | 1,387,000 |
| Noninterest expense | 1,965,000 | 4,035,000 | 5,898,000 | 8,792,000 |
| Provision for loan losses | 0 | -3,000 | -3,000 | -203,000 |
| Pretax income | 964,000 | 1,979,000 | 3,380,000 | 4,885,000 |
| Income tax | 176,000 | 416,000 | 671,000 | 1,042,000 |
| Net income | 788,000 | 1,563,000 | 2,709,000 | 3,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,075,000 | 68,850,000 | 69,995,000 | 71,128,000 |
| Total capital | 70,515,000 | 71,300,000 | 72,464,000 | 73,666,000 |
| Risk-weighted assets | 194,916,000 | 195,762,000 | 197,287,000 | 202,914,000 |