Call reports 2023
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN — 2023
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LORAIN 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 | 536,718,000 | 538,683,000 | 530,605,000 | 530,037,000 |
| Total loans | 355,454,000 | 360,456,000 | 360,415,000 | 355,716,000 |
| Allowance for loan losses | 1,700,000 | 1,700,000 | 1,700,000 | 1,697,000 |
| Securities available for sale | 135,941,000 | 132,305,000 | 127,916,000 | 131,213,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 427,412,000 | 435,133,000 | 425,926,000 | 420,445,000 |
| Interest-bearing deposits | 382,156,000 | 391,226,000 | 382,777,000 | 378,339,000 |
| Noninterest-bearing deposits | 45,256,000 | 43,907,000 | 43,149,000 | 42,106,000 |
| Equity capital | 52,828,000 | 51,215,000 | 48,985,000 | 51,925,000 |
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 | 4,072,000 | 8,290,000 | 12,676,000 | 17,025,000 |
| Interest expense | 1,512,000 | 3,587,000 | 6,003,000 | 8,775,000 |
| Net interest income | 2,560,000 | 4,703,000 | 6,673,000 | 8,250,000 |
| Noninterest income | 480,000 | 1,000,000 | 1,566,000 | 2,040,000 |
| Noninterest expense | 3,608,000 | 7,188,000 | 10,599,000 | 13,964,000 |
| Provision for loan losses | -37,000 | -67,000 | -99,000 | -127,000 |
| Pretax income | -531,000 | -1,418,000 | -2,261,000 | -3,550,000 |
| Income tax | -217,000 | -421,000 | -631,000 | -830,000 |
| Net income | -314,000 | -997,000 | -1,630,000 | -2,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,617,000 | 64,934,000 | 64,301,000 | 63,211,000 |
| Total capital | 67,317,000 | 66,634,000 | 66,001,000 | 64,911,000 |
| Risk-weighted assets | 248,612,000 | 251,172,000 | 251,418,000 | 247,649,000 |