Call reports 2024
FIRST FEDERAL SAVINGS BANK OF LINCOLNTON — 2024
What FIRST FEDERAL SAVINGS BANK OF LINCOLNTON 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 | 455,194,000 | 463,328,000 | 462,577,000 | 472,034,000 |
| Total loans | 327,104,000 | 329,819,000 | 335,892,000 | 340,445,000 |
| Allowance for loan losses | 3,628,000 | 3,632,000 | 3,636,000 | 3,639,000 |
| Securities available for sale | 89,229,000 | 88,262,000 | 88,794,000 | 86,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,230,000 | 376,432,000 | 366,563,000 | 376,347,000 |
| Interest-bearing deposits | 327,765,000 | 332,174,000 | 326,650,000 | 332,948,000 |
| Noninterest-bearing deposits | 41,465,000 | 44,258,000 | 39,913,000 | 43,399,000 |
| Equity capital | 73,145,000 | 74,045,000 | 76,175,000 | 75,591,000 |
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 | 4,961,000 | 10,274,000 | 15,492,000 | 20,794,000 |
| Interest expense | 1,987,000 | 4,084,000 | 6,213,000 | 8,370,000 |
| Net interest income | 2,974,000 | 6,190,000 | 9,279,000 | 12,424,000 |
| Noninterest income | 119,000 | 203,000 | 298,000 | 430,000 |
| Noninterest expense | 2,528,000 | 4,707,000 | 7,103,000 | 9,781,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 565,000 | 1,686,000 | 2,474,000 | 3,073,000 |
| Income tax | 270,000 | 529,000 | 710,000 | 902,000 |
| Net income | 295,000 | 1,157,000 | 1,764,000 | 2,171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,020,000 | 79,882,000 | 80,490,000 | 80,897,000 |
| Total capital | 82,034,000 | 82,938,000 | 83,567,000 | 84,017,000 |
| Risk-weighted assets | 240,164,000 | 243,568,000 | 245,255,000 | 248,689,000 |