Call reports 2023
TECUMSEH FEDERAL BANK — 2023
What TECUMSEH FEDERAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 52,141,000 | 51,581,000 | 50,508,000 | 51,925,000 |
| Total loans | 25,564,000 | 26,066,000 | 26,595,000 | 27,814,000 |
| Allowance for loan losses | 352,000 | 353,000 | 354,000 | 353,000 |
| Securities available for sale | 15,666,000 | 15,063,000 | 14,438,000 | 13,767,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,633,000 | 35,589,000 | 33,985,000 | 34,748,000 |
| Interest-bearing deposits | 34,569,000 | 33,160,000 | 31,887,000 | 32,140,000 |
| Noninterest-bearing deposits | 2,064,000 | 2,429,000 | 2,098,000 | 2,608,000 |
| Equity capital | 10,336,000 | 10,280,000 | 10,181,000 | 10,459,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 425,000 | 861,000 | 1,294,000 | 1,734,000 |
| Interest expense | 99,000 | 235,000 | 422,000 | 601,000 |
| Net interest income | 326,000 | 626,000 | 872,000 | 1,133,000 |
| Noninterest income | 95,000 | 207,000 | 341,000 | 474,000 |
| Noninterest expense | 415,000 | 834,000 | 1,267,000 | 1,692,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 8,000 | -1,000 | -58,000 | -84,000 |
| Income tax | -3,000 | -8,000 | -26,000 | -39,000 |
| Net income | 11,000 | 7,000 | -32,000 | -45,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,336,000 | 11,333,000 | 11,294,000 | 11,281,000 |