Call reports 2021
MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION — 2021
What MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 136,276,000 | 137,662,000 | 138,759,000 | 139,424,000 |
| Total loans | 82,254,000 | 82,205,000 | 85,405,000 | 90,313,000 |
| Allowance for loan losses | 476,000 | 494,000 | 513,000 | 530,000 |
| Securities available for sale | 25,401,000 | 37,473,000 | 37,184,000 | 35,292,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,825,000 | 121,021,000 | 122,254,000 | 122,400,000 |
| Interest-bearing deposits | 111,209,000 | 110,502,000 | 111,528,000 | 110,056,000 |
| Noninterest-bearing deposits | 8,616,000 | 10,519,000 | 10,726,000 | 12,344,000 |
| Equity capital | 12,332,000 | 12,537,000 | 12,466,000 | 12,424,000 |
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 | 1,022,000 | 1,993,000 | 3,093,000 | 4,121,000 |
| Interest expense | 165,000 | 326,000 | 472,000 | 609,000 |
| Net interest income | 857,000 | 1,667,000 | 2,621,000 | 3,512,000 |
| Noninterest income | 72,000 | 142,000 | 206,000 | 273,000 |
| Noninterest expense | 859,000 | 1,717,000 | 2,580,000 | 3,443,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 54,000 | 63,000 | 207,000 | 287,000 |
| Income tax | 3,000 | -7,000 | 12,000 | 15,000 |
| Net income | 51,000 | 70,000 | 195,000 | 272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,448,000 | 12,467,000 | 12,592,000 | 12,669,000 |