Call reports 2019
FEDERATION BANK — 2019
What FEDERATION BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 130,068,000 | 128,464,000 | 134,237,000 | 136,846,000 |
| Total loans | 93,150,000 | 95,463,000 | 96,535,000 | 95,799,000 |
| Allowance for loan losses | 1,082,000 | 1,049,000 | 1,186,000 | 1,244,000 |
| Securities available for sale | 22,632,000 | 20,253,000 | 20,267,000 | 22,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,507,000 | 102,745,000 | 108,633,000 | 110,958,000 |
| Interest-bearing deposits | 88,658,000 | 86,644,000 | 90,739,000 | 95,663,000 |
| Noninterest-bearing deposits | 15,849,000 | 16,101,000 | 17,894,000 | 15,295,000 |
| Equity capital | 12,270,000 | 12,441,000 | 12,598,000 | 13,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,341,000 | 2,770,000 | 4,243,000 | 5,761,000 |
| Interest expense | 199,000 | 438,000 | 699,000 | 977,000 |
| Net interest income | 1,142,000 | 2,332,000 | 3,544,000 | 4,784,000 |
| Noninterest income | 119,000 | 304,000 | 486,000 | 665,000 |
| Noninterest expense | 893,000 | 1,849,000 | 2,799,000 | 3,707,000 |
| Provision for loan losses | 60,000 | 300,000 | 440,000 | 500,000 |
| Pretax income | 308,000 | 492,000 | 796,000 | 1,247,000 |
| Income tax | 12,000 | 18,000 | 31,000 | 50,000 |
| Net income | 296,000 | 474,000 | 765,000 | 1,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,375,000 | 11,283,000 | 11,394,000 | 11,966,000 |
| Total capital | 12,457,000 | 12,332,000 | 12,580,000 | 13,210,000 |
| Risk-weighted assets | 106,691,000 | 108,391,000 | 109,466,000 | 112,097,000 |