Call reports 2021
FEDERATION BANK — 2021
What FEDERATION BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 158,534,000 | 158,278,000 | 165,193,000 | 176,375,000 |
| Total loans | 85,135,000 | 79,509,000 | 76,057,000 | 76,442,000 |
| Allowance for loan losses | 1,334,000 | 1,330,000 | 1,306,000 | 1,307,000 |
| Securities available for sale | 44,347,000 | 50,433,000 | 54,558,000 | 55,082,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,930,000 | 129,915,000 | 136,837,000 | 147,751,000 |
| Interest-bearing deposits | 104,444,000 | 103,066,000 | 110,371,000 | 119,830,000 |
| Noninterest-bearing deposits | 27,486,000 | 26,849,000 | 26,466,000 | 27,921,000 |
| Equity capital | 13,829,000 | 13,883,000 | 14,575,000 | 14,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,292,000 | 2,887,000 | 4,665,000 | 5,839,000 |
| Interest expense | 161,000 | 302,000 | 437,000 | 578,000 |
| Net interest income | 1,131,000 | 2,585,000 | 4,228,000 | 5,261,000 |
| Noninterest income | 271,000 | 450,000 | 628,000 | 802,000 |
| Noninterest expense | 1,022,000 | 2,192,000 | 3,243,000 | 4,229,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 380,000 | 843,000 | 1,613,000 | 1,888,000 |
| Income tax | 18,000 | 40,000 | 78,000 | 93,000 |
| Net income | 362,000 | 803,000 | 1,535,000 | 1,795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,411,000 | 12,526,000 | 13,078,000 | 13,089,000 |
| Total capital | — | — | 14,384,000 | 14,396,000 |
| Risk-weighted assets | — | — | 108,573,000 | 122,067,000 |