Call reports 2024
FEDERATED BANK — 2024
What FEDERATED BANK 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 | 116,515,000 | 116,588,000 | 118,666,000 | 119,728,000 |
| Total loans | 52,829,000 | 52,646,000 | 54,744,000 | 58,856,000 |
| Allowance for loan losses | 700,000 | 550,000 | 581,000 | 593,000 |
| Securities available for sale | 51,614,000 | 49,983,000 | 50,408,000 | 42,230,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,391,000 | 98,488,000 | 97,943,000 | 108,155,000 |
| Interest-bearing deposits | 68,705,000 | 68,617,000 | 68,006,000 | 72,622,000 |
| Noninterest-bearing deposits | 31,686,000 | 29,871,000 | 29,937,000 | 35,533,000 |
| Equity capital | 10,973,000 | 11,087,000 | 12,420,000 | 11,218,000 |
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 | 1,304,000 | 2,643,000 | 4,046,000 | 5,276,000 |
| Interest expense | 230,000 | 502,000 | 810,000 | 1,068,000 |
| Net interest income | 1,074,000 | 2,141,000 | 3,236,000 | 4,208,000 |
| Noninterest income | 163,000 | 315,000 | 608,000 | 767,000 |
| Noninterest expense | 1,046,000 | 1,993,000 | 3,010,000 | 3,931,000 |
| Provision for loan losses | 0 | 25,000 | 55,000 | 65,000 |
| Pretax income | 163,000 | 421,000 | 770,000 | 984,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 163,000 | 421,000 | 770,000 | 984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,091,000 | 10,266,000 | 10,330,000 | 10,405,000 |
| Total capital | 10,811,000 | 10,836,000 | 10,931,000 | 11,003,000 |
| Risk-weighted assets | 62,904,000 | 62,818,000 | 64,076,000 | 67,149,000 |