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 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 23,789,000 | 23,584,000 | 24,178,000 | 24,324,000 |
| Total loans | 19,444,000 | 19,621,000 | 19,992,000 | 19,668,000 |
| Allowance for loan losses | 118,000 | 118,000 | 118,000 | 118,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,000 | 3,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,984,000 | 20,852,000 | 21,270,000 | 21,597,000 |
| Interest-bearing deposits | 20,984,000 | 20,852,000 | 21,270,000 | 21,597,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 2,638,000 | 2,667,000 | 2,679,000 | 2,677,000 |
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 | 257,000 | 527,000 | 814,000 | 1,112,000 |
| Interest expense | 88,000 | 193,000 | 343,000 | 508,000 |
| Net interest income | 169,000 | 334,000 | 471,000 | 604,000 |
| Noninterest income | 4,000 | 8,000 | 14,000 | 15,000 |
| Noninterest expense | 139,000 | 270,000 | 400,000 | 535,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 34,000 | 72,000 | 85,000 | 84,000 |
| Income tax | 7,000 | 16,000 | 19,000 | 19,000 |
| Net income | 27,000 | 56,000 | 66,000 | 65,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,637,000 | 2,666,000 | 2,678,000 | 2,676,000 |
| Total capital | 2,755,000 | 2,784,000 | 2,796,000 | 2,794,000 |
| Risk-weighted assets | 11,430,000 | 11,272,000 | 11,567,000 | 11,393,000 |