Call reports 2023
OLYMPIA FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What OLYMPIA FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 921,500,000 | 932,630,000 | 937,505,000 | 960,974,000 |
| Total loans | 769,656,000 | 785,273,000 | 791,670,000 | 805,480,000 |
| Allowance for loan losses | 3,042,000 | 4,991,000 | 4,787,000 | 4,869,000 |
| Securities available for sale | 53,469,000 | 51,574,000 | 49,026,000 | 50,200,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 748,464,000 | 707,730,000 | 706,504,000 | 676,561,000 |
| Interest-bearing deposits | 684,179,000 | 650,144,000 | 632,931,000 | 615,736,000 |
| Noninterest-bearing deposits | 64,285,000 | 57,586,000 | 73,573,000 | 60,825,000 |
| Equity capital | 111,768,000 | 110,693,000 | 110,265,000 | 111,825,000 |
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 | 8,530,000 | 17,424,000 | 26,393,000 | 35,687,000 |
| Interest expense | 2,349,000 | 5,705,000 | 9,639,000 | 13,978,000 |
| Net interest income | 6,181,000 | 11,719,000 | 16,754,000 | 21,709,000 |
| Noninterest income | 493,000 | 1,017,000 | 1,472,000 | 1,951,000 |
| Noninterest expense | 5,770,000 | 11,156,000 | 16,234,000 | 21,161,000 |
| Provision for loan losses | 60,000 | 150,000 | -54,000 | 67,000 |
| Pretax income | 844,000 | 1,411,000 | 2,019,000 | 2,410,000 |
| Income tax | 144,000 | 226,000 | 323,000 | 363,000 |
| Net income | 700,000 | 1,185,000 | 1,696,000 | 2,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,650,000 | 114,724,000 | 115,234,000 | 115,586,000 |