Call reports 2024
FIRST FEDERAL SAVINGS BANK — 2024
What FIRST FEDERAL SAVINGS 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 | 637,413,000 | 634,726,000 | 635,229,000 | 622,490,000 |
| Total loans | 476,034,000 | 480,522,000 | 483,279,000 | 471,480,000 |
| Allowance for loan losses | 5,255,000 | 5,191,000 | 5,115,000 | 5,115,000 |
| Securities available for sale | 110,873,000 | 95,222,000 | 92,781,000 | 89,318,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,105,000 | 468,669,000 | 473,757,000 | 470,268,000 |
| Interest-bearing deposits | 431,390,000 | 430,282,000 | 436,049,000 | 430,337,000 |
| Noninterest-bearing deposits | 41,715,000 | 38,387,000 | 37,708,000 | 39,931,000 |
| Equity capital | 48,381,000 | 47,608,000 | 50,991,000 | 49,180,000 |
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 | 7,807,000 | 15,739,000 | 23,847,000 | 31,798,000 |
| Interest expense | 3,967,000 | 7,906,000 | 11,899,000 | 15,739,000 |
| Net interest income | 3,840,000 | 7,833,000 | 11,948,000 | 16,059,000 |
| Noninterest income | 870,000 | 1,666,000 | 2,551,000 | 3,271,000 |
| Noninterest expense | 4,310,000 | 8,751,000 | 13,132,000 | 17,488,000 |
| Provision for loan losses | 0 | -64,000 | -64,000 | -64,000 |
| Pretax income | 400,000 | 645,000 | 1,294,000 | 1,769,000 |
| Income tax | -78,000 | -187,000 | -187,000 | -264,000 |
| Net income | 478,000 | 832,000 | 1,481,000 | 2,033,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,018,000 | 51,874,000 | 52,532,000 | 53,085,000 |
| Total capital | 57,645,000 | 57,407,000 | 57,989,000 | 58,542,000 |
| Risk-weighted assets | 456,018,000 | 454,359,000 | 446,846,000 | 438,627,000 |