Call reports 2024
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 24,736,000 | 24,755,000 | 24,575,000 | 24,990,000 |
| Total loans | 20,024,000 | 20,668,000 | 20,178,000 | 19,829,000 |
| Allowance for loan losses | 118,000 | 118,000 | 118,000 | 113,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,000 | 3,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,855,000 | 22,017,000 | 21,657,000 | 22,277,000 |
| Interest-bearing deposits | 21,855,000 | 22,017,000 | 21,657,000 | 22,277,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 2,673,000 | 2,680,000 | 2,673,000 | 2,670,000 |
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 | 311,000 | 636,000 | 955,000 | 1,272,000 |
| Interest expense | 189,000 | 378,000 | 576,000 | 777,000 |
| Net interest income | 122,000 | 258,000 | 379,000 | 495,000 |
| Noninterest income | 2,000 | 2,000 | 3,000 | 4,000 |
| Noninterest expense | 132,000 | 260,000 | 389,000 | 518,000 |
| Provision for loan losses | 0 | 0 | 0 | -5,000 |
| Pretax income | -8,000 | 0 | -7,000 | -14,000 |
| Income tax | -4,000 | -3,000 | -3,000 | -6,000 |
| Net income | -4,000 | 3,000 | -4,000 | -8,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,672,000 | 2,679,000 | 2,673,000 | 2,669,000 |
| Total capital | 2,790,000 | 2,797,000 | 2,791,000 | 2,782,000 |
| Risk-weighted assets | 11,613,000 | 11,875,000 | 11,765,000 | 11,577,000 |