Call reports 2024
TECUMSEH FEDERAL BANK — 2024
What TECUMSEH FEDERAL 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 | 52,130,000 | 52,254,000 | 51,777,000 | 52,839,000 |
| Total loans | 27,151,000 | 27,258,000 | 27,327,000 | 27,618,000 |
| Allowance for loan losses | 354,000 | 355,000 | 355,000 | 349,000 |
| Securities available for sale | 12,990,000 | 13,988,000 | 14,959,000 | 15,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,043,000 | 35,965,000 | 35,200,000 | 36,497,000 |
| Interest-bearing deposits | 33,978,000 | 33,706,000 | 33,122,000 | 33,970,000 |
| Noninterest-bearing deposits | 2,065,000 | 2,259,000 | 2,078,000 | 2,527,000 |
| Equity capital | 10,385,000 | 10,497,000 | 10,793,000 | 10,576,000 |
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 | 477,000 | 985,000 | 1,504,000 | 2,036,000 |
| Interest expense | 218,000 | 455,000 | 712,000 | 982,000 |
| Net interest income | 259,000 | 530,000 | 792,000 | 1,054,000 |
| Noninterest income | 105,000 | 233,000 | 383,000 | 545,000 |
| Noninterest expense | 431,000 | 857,000 | 1,294,000 | 1,734,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -69,000 | -96,000 | -117,000 | -84,000 |
| Income tax | -20,000 | -31,000 | -35,000 | -6,000 |
| Net income | -49,000 | -65,000 | -82,000 | -78,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,233,000 | 11,218,000 | 11,200,000 | 11,203,000 |