Call reports 2023
MUTUAL FEDERAL BANK — 2023
What MUTUAL FEDERAL BANK 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 | 114,801,000 | 107,670,000 | 103,992,000 | 99,713,000 |
| Total loans | 99,645,000 | 92,600,000 | 90,296,000 | 85,947,000 |
| Allowance for loan losses | 1,355,000 | 1,359,000 | 1,363,000 | 1,307,000 |
| Securities available for sale | 44,000 | 37,000 | 31,000 | 26,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,847,000 | 67,676,000 | 66,796,000 | 69,447,000 |
| Interest-bearing deposits | 62,530,000 | 61,928,000 | 61,127,000 | 63,888,000 |
| Noninterest-bearing deposits | 6,317,000 | 5,748,000 | 5,669,000 | 5,559,000 |
| Equity capital | 15,197,000 | 15,139,000 | 15,090,000 | 15,266,000 |
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 | 1,375,000 | 2,732,000 | 4,057,000 | 5,342,000 |
| Interest expense | 384,000 | 866,000 | 1,333,000 | 1,784,000 |
| Net interest income | 991,000 | 1,866,000 | 2,724,000 | 3,558,000 |
| Noninterest income | 313,000 | 582,000 | 875,000 | 897,000 |
| Noninterest expense | 1,352,000 | 2,555,000 | 3,754,000 | 4,494,000 |
| Provision for loan losses | 0 | 0 | 0 | -60,000 |
| Pretax income | -48,000 | -107,000 | -155,000 | 21,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -48,000 | -107,000 | -155,000 | 21,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,198,000 | 15,140,000 | 15,091,000 | 15,267,000 |
| Total capital | 16,179,000 | 16,054,000 | 15,983,000 | 16,121,000 |
| Risk-weighted assets | 78,156,000 | 72,640,000 | 70,934,000 | 67,874,000 |