Call reports 2023
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What FIRST 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 |
|---|---|---|
| Total assets | 50,668,000 | 52,467,000 |
| Total loans | 39,788,000 | 41,229,000 |
| Allowance for loan losses | 225,000 | 225,000 |
| Securities available for sale | 3,470,000 | 3,416,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 43,483,000 | 43,119,000 |
| Interest-bearing deposits | 43,282,000 | 43,045,000 |
| Noninterest-bearing deposits | 201,000 | 74,000 |
| Equity capital | 7,184,000 | 7,184,000 |
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 |
|---|---|---|
| Interest income | 490,000 | 1,025,000 |
| Interest expense | 304,000 | 655,000 |
| Net interest income | 186,000 | 370,000 |
| Noninterest income | 5,000 | 11,000 |
| Noninterest expense | 249,000 | 623,000 |
| Provision for loan losses | 8,000 | 8,000 |
| Pretax income | -65,000 | -256,000 |
| Income tax | -12,000 | -52,000 |
| Net income | -53,000 | -204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 7,869,000 | 7,702,000 |