Call reports 2020
MUTUAL FEDERAL BANK — 2020
What MUTUAL FEDERAL BANK 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 | 81,481,000 | 84,617,000 | 98,159,000 | 88,491,000 |
| Total loans | 71,378,000 | 74,831,000 | 83,217,000 | 69,188,000 |
| Allowance for loan losses | 796,000 | 871,000 | 921,000 | 921,000 |
| Securities available for sale | 964,000 | 447,000 | 183,000 | 165,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,425,000 | 59,282,000 | 63,500,000 | 66,051,000 |
| Interest-bearing deposits | 53,156,000 | 55,658,000 | 59,021,000 | 61,430,000 |
| Noninterest-bearing deposits | 3,269,000 | 3,624,000 | 4,479,000 | 4,621,000 |
| Equity capital | 13,948,000 | 14,168,000 | 14,835,000 | 15,244,000 |
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 | 766,000 | 1,608,000 | 2,530,000 | 3,440,000 |
| Interest expense | 122,000 | 246,000 | 362,000 | 461,000 |
| Net interest income | 644,000 | 1,362,000 | 2,168,000 | 2,979,000 |
| Noninterest income | 1,372,000 | 3,272,000 | 6,274,000 | 8,841,000 |
| Noninterest expense | 1,857,000 | 4,181,000 | 7,273,000 | 10,241,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 200,000 |
| Pretax income | 84,000 | 303,000 | 969,000 | 1,379,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 84,000 | 303,000 | 969,000 | 1,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,946,000 | 14,164,000 | 14,831,000 | 15,241,000 |
| Total capital | 14,742,000 | 15,035,000 | 15,752,000 | 16,126,000 |
| Risk-weighted assets | 76,354,000 | 80,508,000 | 83,740,000 | 70,772,000 |