Call reports 2020
FIRST FEDERAL BANK — 2020
What FIRST FEDERAL BANK 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 | 2,459,254,000 | 2,919,641,000 | 3,061,207,000 | 3,058,446,000 |
| Total loans | 1,356,704,000 | 1,799,033,000 | 1,847,899,000 | 1,702,119,000 |
| Allowance for loan losses | 7,840,000 | 20,180,000 | 26,370,000 | 26,494,000 |
| Securities available for sale | 735,763,000 | 690,194,000 | 730,666,000 | 713,305,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,879,478,000 | 2,266,445,000 | 2,422,121,000 | 2,554,918,000 |
| Interest-bearing deposits | 1,737,199,000 | 2,125,494,000 | 2,272,105,000 | 2,339,511,000 |
| Noninterest-bearing deposits | 142,279,000 | 140,951,000 | 150,016,000 | 215,407,000 |
| Equity capital | 266,664,000 | 305,830,000 | 335,887,000 | 356,887,000 |
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 | 20,263,000 | 48,813,000 | 71,265,000 | 95,255,000 |
| Interest expense | 2,816,000 | 5,981,000 | 8,202,000 | 10,198,000 |
| Net interest income | 17,447,000 | 42,832,000 | 63,063,000 | 85,057,000 |
| Noninterest income | 18,786,000 | 60,976,000 | 116,466,000 | 157,670,000 |
| Noninterest expense | 24,030,000 | 59,420,000 | 94,750,000 | 136,881,000 |
| Provision for loan losses | 1,958,000 | 14,326,000 | 20,517,000 | 20,782,000 |
| Pretax income | 10,245,000 | 31,898,000 | 66,108,000 | 87,361,000 |
| Income tax | 2,816,000 | 7,270,000 | 15,296,000 | 21,633,000 |
| Net income | 7,429,000 | 24,628,000 | 50,816,000 | 65,707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 233,428,000 | 250,840,000 | 277,267,000 | 292,394,000 |
| Total capital | 243,611,000 | 272,610,000 | 299,717,000 | 316,178,000 |
| Risk-weighted assets | 1,589,470,000 | 1,739,338,000 | 1,787,268,000 | 1,894,070,000 |