Call reports 2023
FIRST FEDERAL BANK — 2023
What FIRST FEDERAL BANK 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 | 3,932,890,000 | 3,853,391,000 | 3,737,911,000 | 3,860,802,000 |
| Total loans | 1,071,804,000 | 1,098,512,000 | 1,132,699,000 | 1,246,131,000 |
| Allowance for loan losses | 12,080,000 | 12,839,000 | 9,035,000 | 8,909,000 |
| Securities available for sale | 2,276,696,000 | 2,230,990,000 | 2,070,421,000 | 2,086,618,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,556,399,000 | 3,467,404,000 | 3,300,657,000 | 3,433,882,000 |
| Interest-bearing deposits | 3,206,561,000 | 3,162,363,000 | 2,989,521,000 | 3,133,584,000 |
| Noninterest-bearing deposits | 349,838,000 | 305,041,000 | 311,136,000 | 300,298,000 |
| Equity capital | 266,615,000 | 272,471,000 | 273,025,000 | 307,989,000 |
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 | 38,348,000 | 80,447,000 | 124,823,000 | 171,217,000 |
| Interest expense | 13,563,000 | 30,650,000 | 48,342,000 | 66,900,000 |
| Net interest income | 24,785,000 | 49,797,000 | 76,481,000 | 104,317,000 |
| Noninterest income | 15,433,000 | 29,934,000 | 44,408,000 | 52,279,000 |
| Noninterest expense | 29,738,000 | 57,759,000 | 86,853,000 | 116,179,000 |
| Provision for loan losses | 200,000 | 200,000 | -3,550,000 | -3,550,000 |
| Pretax income | 10,319,000 | 21,811,000 | 32,998,000 | 39,246,000 |
| Income tax | 2,214,000 | 4,697,000 | 7,109,000 | 8,365,000 |
| Net income | 8,105,000 | 17,114,000 | 25,889,000 | 30,881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 348,475,000 | 353,681,000 | 363,090,000 | 381,921,000 |
| Total capital | 363,365,000 | 369,186,000 | 374,780,000 | 393,415,000 |
| Risk-weighted assets | 2,135,177,000 | 1,993,168,000 | 2,003,175,000 | 2,067,985,000 |