Call reports 2022
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN — 2022
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 479,149,000 | 487,142,000 | 496,545,000 | 526,440,000 |
| Total loans | 256,701,000 | 290,991,000 | 311,774,000 | 335,973,000 |
| Allowance for loan losses | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 |
| Securities available for sale | 154,833,000 | 146,761,000 | 137,504,000 | 136,287,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,402,000 | 389,542,000 | 402,905,000 | 413,190,000 |
| Interest-bearing deposits | 348,293,000 | 345,176,000 | 353,298,000 | 369,480,000 |
| Noninterest-bearing deposits | 45,109,000 | 44,366,000 | 49,607,000 | 43,710,000 |
| Equity capital | 57,309,000 | 54,604,000 | 50,453,000 | 51,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,624,000 | 5,508,000 | 8,838,000 | 12,720,000 |
| Interest expense | 322,000 | 628,000 | 1,152,000 | 2,099,000 |
| Net interest income | 2,302,000 | 4,880,000 | 7,686,000 | 10,621,000 |
| Noninterest income | 804,000 | 1,346,000 | 1,905,000 | 2,449,000 |
| Noninterest expense | 3,545,000 | 7,179,000 | 10,767,000 | 14,534,000 |
| Provision for loan losses | -26,000 | -497,000 | -529,000 | -562,000 |
| Pretax income | -413,000 | -456,000 | -647,000 | -902,000 |
| Income tax | -180,000 | -210,000 | -383,000 | -457,000 |
| Net income | -233,000 | -246,000 | -264,000 | -445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,144,000 | 66,130,000 | 66,112,000 | 65,931,000 |
| Total capital | 67,844,000 | 67,830,000 | 67,812,000 | 67,631,000 |
| Risk-weighted assets | 203,449,000 | 218,701,000 | 230,216,000 | 241,544,000 |