Call reports 2020
BEDFORD FEDERAL SAVINGS BANK — 2020
What BEDFORD FEDERAL SAVINGS BANK 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 | 140,355,000 | 153,254,000 | 160,225,000 | 157,478,000 |
| Total loans | 99,465,000 | 110,026,000 | 111,625,000 | 103,938,000 |
| Allowance for loan losses | 1,110,000 | 1,157,000 | 1,200,000 | 1,243,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,846,000 | 135,798,000 | 142,804,000 | 139,528,000 |
| Interest-bearing deposits | 99,854,000 | 104,441,000 | 109,946,000 | 109,288,000 |
| Noninterest-bearing deposits | 23,992,000 | 31,357,000 | 32,858,000 | 30,240,000 |
| Equity capital | 16,029,000 | 16,572,000 | 16,941,000 | 17,392,000 |
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 | 1,400,000 | 2,844,000 | 4,267,000 | 5,747,000 |
| Interest expense | 266,000 | 494,000 | 705,000 | 919,000 |
| Net interest income | 1,134,000 | 2,350,000 | 3,562,000 | 4,828,000 |
| Noninterest income | 202,000 | 841,000 | 1,310,000 | 2,026,000 |
| Noninterest expense | 1,001,000 | 2,089,000 | 3,240,000 | 4,575,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 290,000 | 1,012,000 | 1,497,000 | 2,099,000 |
| Income tax | 70,000 | 249,000 | 366,000 | 516,000 |
| Net income | 220,000 | 763,000 | 1,131,000 | 1,583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,029,000 | 16,572,000 | 16,941,000 | 17,392,000 |