Call reports 2023
MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What MONROE FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 151,424,000 | 153,633,000 | 151,463,000 | 157,276,000 |
| Total loans | 109,295,000 | 112,748,000 | 111,223,000 | 111,535,000 |
| Allowance for loan losses | 642,000 | 907,000 | 919,000 | 903,000 |
| Securities available for sale | 26,490,000 | 25,519,000 | 23,725,000 | 25,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,734,000 | 136,045,000 | 131,436,000 | 144,314,000 |
| Interest-bearing deposits | 118,639,000 | 125,592,000 | 121,894,000 | 133,980,000 |
| Noninterest-bearing deposits | 9,095,000 | 10,453,000 | 9,542,000 | 10,334,000 |
| Equity capital | 8,829,000 | 8,194,000 | 7,229,000 | 8,729,000 |
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 | 1,308,000 | 2,709,000 | 4,138,000 | 5,572,000 |
| Interest expense | 344,000 | 775,000 | 1,283,000 | 1,828,000 |
| Net interest income | 964,000 | 1,934,000 | 2,855,000 | 3,744,000 |
| Noninterest income | 93,000 | 173,000 | 255,000 | 335,000 |
| Noninterest expense | 974,000 | 2,013,000 | 3,020,000 | 4,080,000 |
| Provision for loan losses | 15,000 | 15,000 | 22,000 | 5,000 |
| Pretax income | 68,000 | 79,000 | 82,000 | 23,000 |
| Income tax | 1,000 | -10,000 | -23,000 | -48,000 |
| Net income | 67,000 | 89,000 | 105,000 | 71,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,187,000 | 13,137,000 | 13,153,000 | 13,120,000 |
| Total capital | — | 13,929,000 | 13,943,000 | 13,879,000 |
| Risk-weighted assets | — | 101,922,000 | 101,786,000 | 99,843,000 |