Call reports 2021
TECUMSEH FEDERAL BANK — 2021
What TECUMSEH FEDERAL 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 | 50,037,000 | 50,975,000 | 50,517,000 | 52,193,000 |
| Total loans | 25,373,000 | 24,488,000 | 25,114,000 | 24,751,000 |
| Allowance for loan losses | 407,000 | 356,000 | 353,000 | 354,000 |
| Securities available for sale | 11,106,000 | 12,666,000 | 13,184,000 | 13,933,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,803,000 | 38,275,000 | 37,771,000 | 39,569,000 |
| Interest-bearing deposits | 36,250,000 | 36,695,000 | 35,593,000 | 37,257,000 |
| Noninterest-bearing deposits | 1,553,000 | 1,580,000 | 2,178,000 | 2,312,000 |
| Equity capital | 10,719,000 | 11,160,000 | 11,198,000 | 11,107,000 |
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 | 414,000 | 803,000 | 1,184,000 | 1,563,000 |
| Interest expense | 67,000 | 132,000 | 191,000 | 248,000 |
| Net interest income | 347,000 | 671,000 | 993,000 | 1,315,000 |
| Noninterest income | 93,000 | 581,000 | 692,000 | 812,000 |
| Noninterest expense | 437,000 | 834,000 | 1,214,000 | 1,616,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 0 | 416,000 | 457,000 | 509,000 |
| Income tax | -4,000 | -38,000 | 15,000 | 23,000 |
| Net income | 4,000 | 454,000 | 442,000 | 486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,741,000 | 11,192,000 | 11,179,000 | 11,223,000 |