Call reports 2024
FIRST FEDERAL BANK — 2024
What FIRST FEDERAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,945,652,000 | 4,185,394,000 | 3,946,707,000 | 3,820,541,000 |
| Total loans | 1,278,087,000 | 1,373,114,000 | 1,285,632,000 | 1,256,225,000 |
| Allowance for loan losses | 8,690,000 | 8,504,000 | 8,785,000 | 9,017,000 |
| Securities available for sale | 2,165,294,000 | 2,290,150,000 | 2,126,100,000 | 2,058,022,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,397,025,000 | 3,530,461,000 | 3,237,626,000 | 3,334,716,000 |
| Interest-bearing deposits | 3,090,587,000 | 3,233,988,000 | 2,929,898,000 | 2,984,722,000 |
| Noninterest-bearing deposits | 306,438,000 | 296,473,000 | 307,728,000 | 349,994,000 |
| Equity capital | 323,757,000 | 336,589,000 | 366,866,000 | 368,846,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 46,509,000 | 98,286,000 | 150,749,000 | 198,078,000 |
| Interest expense | 20,036,000 | 42,497,000 | 65,760,000 | 85,577,000 |
| Net interest income | 26,473,000 | 55,789,000 | 84,989,000 | 112,501,000 |
| Noninterest income | 12,633,000 | 27,201,000 | 41,535,000 | 55,605,000 |
| Noninterest expense | 30,289,000 | 59,640,000 | 88,394,000 | 119,438,000 |
| Provision for loan losses | 0 | 200,000 | 500,000 | 600,000 |
| Pretax income | 8,817,000 | 23,128,000 | 36,956,000 | 47,525,000 |
| Income tax | 1,834,000 | 4,925,000 | 7,561,000 | 9,171,000 |
| Net income | 6,983,000 | 18,203,000 | 29,395,000 | 38,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 383,113,000 | 397,684,000 | 422,866,000 | 424,631,000 |
| Total capital | 391,462,000 | 405,849,000 | 431,405,000 | 433,256,000 |
| Risk-weighted assets | 2,101,487,000 | 2,317,561,000 | 2,101,093,000 | 2,105,857,000 |