Call reports 2020
MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION — 2020
What MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 107,106,000 | 119,026,000 | 117,459,000 | 127,426,000 |
| Total loans | 77,219,000 | 86,188,000 | 85,282,000 | 82,188,000 |
| Allowance for loan losses | 537,000 | 540,000 | 443,000 | 456,000 |
| Securities available for sale | 16,580,000 | 17,475,000 | 16,692,000 | 19,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,923,000 | 102,472,000 | 100,615,000 | 110,522,000 |
| Interest-bearing deposits | 82,448,000 | 92,998,000 | 92,537,000 | 102,458,000 |
| Noninterest-bearing deposits | 6,475,000 | 9,474,000 | 8,078,000 | 8,064,000 |
| Equity capital | 12,514,000 | 12,578,000 | 12,721,000 | 12,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,015,000 | 2,037,000 | 3,066,000 | 4,074,000 |
| Interest expense | 236,000 | 454,000 | 635,000 | 806,000 |
| Net interest income | 779,000 | 1,583,000 | 2,431,000 | 3,268,000 |
| Noninterest income | 69,000 | 130,000 | 201,000 | 267,000 |
| Noninterest expense | 754,000 | 1,613,000 | 2,445,000 | 3,267,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 135,000 | 146,000 | 233,000 | 292,000 |
| Income tax | 11,000 | 5,000 | 14,000 | 18,000 |
| Net income | 124,000 | 141,000 | 219,000 | 274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,247,000 | 12,264,000 | 12,342,000 | 12,397,000 |