Call reports 2023
FIRST FEDERAL SAVINGS BANK OF LINCOLNTON — 2023
What FIRST FEDERAL SAVINGS BANK OF LINCOLNTON 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 | 436,492,000 | 432,717,000 | 436,839,000 | 443,905,000 |
| Total loans | 301,069,000 | 308,434,000 | 311,916,000 | 320,111,000 |
| Allowance for loan losses | 3,612,000 | 3,608,000 | 3,618,000 | 3,621,000 |
| Securities available for sale | 92,827,000 | 90,665,000 | 88,518,000 | 90,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 364,230,000 | 359,952,000 | 358,566,000 | 358,238,000 |
| Interest-bearing deposits | 321,371,000 | 314,964,000 | 314,108,000 | 317,732,000 |
| Noninterest-bearing deposits | 42,859,000 | 44,988,000 | 44,458,000 | 40,506,000 |
| Equity capital | 69,512,000 | 70,055,000 | 70,192,000 | 72,900,000 |
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 | 4,352,000 | 8,857,000 | 13,515,000 | 18,346,000 |
| Interest expense | 809,000 | 1,868,000 | 3,113,000 | 4,693,000 |
| Net interest income | 3,543,000 | 6,989,000 | 10,402,000 | 13,653,000 |
| Noninterest income | 99,000 | 187,000 | 254,000 | 406,000 |
| Noninterest expense | 2,306,000 | 4,278,000 | 6,396,000 | 8,852,000 |
| Provision for loan losses | 59,000 | 59,000 | 59,000 | 59,000 |
| Pretax income | 1,273,000 | 2,835,000 | 4,197,000 | 5,144,000 |
| Income tax | 110,000 | 452,000 | 744,000 | 861,000 |
| Net income | 1,163,000 | 2,383,000 | 3,453,000 | 4,283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,604,000 | 76,825,000 | 77,895,000 | 78,726,000 |
| Total capital | 78,474,000 | 79,744,000 | 80,825,000 | 81,690,000 |
| Risk-weighted assets | 228,447,000 | 232,487,000 | 233,305,000 | 236,113,000 |