Call reports 2023
GEDDES FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What GEDDES FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 609,396,000 | 616,484,000 | 633,930,000 | 649,942,000 |
| Total loans | 514,901,000 | 523,589,000 | 544,262,000 | 543,397,000 |
| Allowance for loan losses | 988,000 | 1,006,000 | 1,035,000 | 1,100,000 |
| Securities available for sale | 1,531,000 | 1,519,000 | 1,476,000 | 1,545,000 |
| Securities held to maturity | 58,358,000 | 58,115,000 | 55,982,000 | 54,217,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 434,982,000 | 433,718,000 | 433,112,000 | 450,228,000 |
| Interest-bearing deposits | 418,902,000 | 413,405,000 | 418,627,000 | 431,817,000 |
| Noninterest-bearing deposits | 16,080,000 | 20,313,000 | 14,485,000 | 18,411,000 |
| Equity capital | 98,670,000 | 99,007,000 | 99,020,000 | 98,829,000 |
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 | 5,210,000 | 10,647,000 | 16,397,000 | 22,449,000 |
| Interest expense | 2,404,000 | 5,183,000 | 8,473,000 | 12,329,000 |
| Net interest income | 2,806,000 | 5,464,000 | 7,924,000 | 10,120,000 |
| Noninterest income | 15,000 | 47,000 | 85,000 | 119,000 |
| Noninterest expense | 2,085,000 | 4,250,000 | 6,739,000 | 9,269,000 |
| Provision for loan losses | 37,000 | 55,000 | 84,000 | 149,000 |
| Pretax income | 663,000 | 1,085,000 | 1,120,000 | 771,000 |
| Income tax | 131,000 | 205,000 | 188,000 | 101,000 |
| Net income | 532,000 | 880,000 | 932,000 | 670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,647,000 | 98,994,000 | 99,046,000 | 98,784,000 |