Call reports 2021
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2021
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 45,843,000 | 46,715,000 | 46,596,000 | 47,267,000 |
| Total loans | 32,884,000 | 34,739,000 | 35,969,000 | 36,608,000 |
| Allowance for loan losses | 185,000 | 188,000 | 198,000 | 210,000 |
| Securities available for sale | 4,729,000 | 5,139,000 | 4,490,000 | 4,373,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,299,000 | 39,032,000 | 38,881,000 | 39,527,000 |
| Interest-bearing deposits | 38,108,000 | 38,828,000 | 38,780,000 | 39,438,000 |
| Noninterest-bearing deposits | 191,000 | 204,000 | 101,000 | 89,000 |
| Equity capital | 7,455,000 | 7,610,000 | 7,609,000 | 7,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 382,000 | 790,000 | 1,197,000 | 1,594,000 |
| Interest expense | 136,000 | 265,000 | 392,000 | 518,000 |
| Net interest income | 246,000 | 525,000 | 805,000 | 1,076,000 |
| Noninterest income | 0 | 0 | -8,000 | -8,000 |
| Noninterest expense | 195,000 | 359,000 | 559,000 | 741,000 |
| Provision for loan losses | 27,000 | 30,000 | 31,000 | 43,000 |
| Pretax income | 43,000 | 151,000 | 228,000 | 304,000 |
| Income tax | 10,000 | 37,000 | 56,000 | 75,000 |
| Net income | 33,000 | 114,000 | 172,000 | 229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,447,000 | 7,606,000 | 7,610,000 | 7,653,000 |
| Total capital | — | 7,794,000 | — | — |
| Risk-weighted assets | — | 22,137,000 | — | — |