Call reports 2021
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN — 2021
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 475,682,000 | 484,348,000 | 485,860,000 | 491,347,000 |
| Total loans | 274,207,000 | 266,099,000 | 256,061,000 | 249,090,000 |
| Allowance for loan losses | 1,900,000 | 1,900,000 | 1,900,000 | 1,700,000 |
| Securities available for sale | 140,774,000 | 172,028,000 | 181,754,000 | 169,847,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 382,537,000 | 388,556,000 | 391,628,000 | 399,012,000 |
| Interest-bearing deposits | 340,904,000 | 345,592,000 | 346,849,000 | 352,544,000 |
| Noninterest-bearing deposits | 41,633,000 | 42,964,000 | 44,779,000 | 46,468,000 |
| Equity capital | 63,482,000 | 64,577,000 | 64,845,000 | 63,436,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,998,000 | 5,895,000 | 9,289,000 | 11,771,000 |
| Interest expense | 496,000 | 933,000 | 1,344,000 | 1,718,000 |
| Net interest income | 2,502,000 | 4,962,000 | 7,945,000 | 10,053,000 |
| Noninterest income | 667,000 | 1,165,000 | 2,080,000 | 2,640,000 |
| Noninterest expense | 3,556,000 | 7,128,000 | 10,797,000 | 14,356,000 |
| Provision for loan losses | -172,000 | -502,000 | -692,000 | -958,000 |
| Pretax income | -215,000 | -499,000 | -80,000 | -705,000 |
| Income tax | -52,000 | -134,000 | -145,000 | -299,000 |
| Net income | -163,000 | -365,000 | 65,000 | -406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,620,000 | 66,417,000 | 66,847,000 | 66,376,000 |
| Total capital | 68,520,000 | 68,317,000 | 68,747,000 | 68,076,000 |
| Risk-weighted assets | 209,098,000 | 209,232,000 | 205,000,000 | 201,546,000 |