Call reports 2023
BEDFORD FEDERAL SAVINGS BANK — 2023
What BEDFORD FEDERAL SAVINGS BANK 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 | 188,764,000 | 224,192,000 | 211,667,000 | 223,772,000 |
| Total loans | 143,016,000 | 151,426,000 | 165,968,000 | 167,987,000 |
| Allowance for loan losses | 1,587,000 | 1,636,000 | 1,619,000 | 1,518,000 |
| Securities available for sale | 8,645,000 | 8,243,000 | 7,746,000 | 7,842,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,205,000 | 202,762,000 | 180,417,000 | 192,142,000 |
| Interest-bearing deposits | 115,701,000 | 135,278,000 | 139,709,000 | 139,466,000 |
| Noninterest-bearing deposits | 44,504,000 | 67,484,000 | 40,708,000 | 52,676,000 |
| Equity capital | 20,148,000 | 20,592,000 | 21,011,000 | 21,683,000 |
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 | 1,982,000 | 4,361,000 | 6,924,000 | 9,845,000 |
| Interest expense | 353,000 | 1,000,000 | 1,769,000 | 2,761,000 |
| Net interest income | 1,629,000 | 3,361,000 | 5,155,000 | 7,084,000 |
| Noninterest income | 187,000 | 546,000 | 892,000 | 1,077,000 |
| Noninterest expense | 1,282,000 | 2,588,000 | 4,006,000 | 5,647,000 |
| Provision for loan losses | 154,000 | 209,000 | 199,000 | 160,000 |
| Pretax income | 380,000 | 1,099,000 | 1,831,000 | 2,350,000 |
| Income tax | 86,000 | 264,000 | 444,000 | 575,000 |
| Net income | 294,000 | 835,000 | 1,387,000 | 1,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,035,000 | 21,575,000 | 22,127,000 | 22,515,000 |