Call reports 2020
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN — 2020
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN 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 | 444,091,000 | 457,885,000 | 458,050,000 | 467,865,000 |
| Total loans | 274,487,000 | 336,079,000 | 314,295,000 | 294,496,000 |
| Allowance for loan losses | 1,885,000 | 1,900,000 | 1,900,000 | 1,900,000 |
| Securities available for sale | 41,683,000 | 45,491,000 | 72,169,000 | 115,922,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,823,000 | 361,886,000 | 362,590,000 | 372,184,000 |
| Interest-bearing deposits | 311,623,000 | 323,440,000 | 324,762,000 | 334,136,000 |
| Noninterest-bearing deposits | 31,200,000 | 38,446,000 | 37,828,000 | 38,048,000 |
| Equity capital | 65,258,000 | 65,586,000 | 65,703,000 | 66,086,000 |
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 | 3,499,000 | 6,875,000 | 10,077,000 | 13,147,000 |
| Interest expense | 852,000 | 1,579,000 | 2,238,000 | 2,830,000 |
| Net interest income | 2,647,000 | 5,296,000 | 7,839,000 | 10,317,000 |
| Noninterest income | 468,000 | 1,074,000 | 1,829,000 | 2,593,000 |
| Noninterest expense | 3,448,000 | 6,797,000 | 10,216,000 | 13,844,000 |
| Provision for loan losses | -54,000 | -101,000 | -287,000 | -497,000 |
| Pretax income | 415,000 | 372,000 | 437,000 | 261,000 |
| Income tax | 102,000 | 6,000 | 10,000 | -152,000 |
| Net income | 313,000 | 366,000 | 427,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,682,000 | 66,736,000 | 66,797,000 | 66,782,000 |
| Total capital | 68,567,000 | 68,636,000 | 68,697,000 | 68,682,000 |
| Risk-weighted assets | 205,507,000 | 226,776,000 | 220,600,000 | 221,204,000 |