Call reports 2024
MUTUAL FEDERAL BANK — 2024
What MUTUAL FEDERAL 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 | 99,765,000 | 94,544,000 | 92,202,000 | 97,088,000 |
| Total loans | 85,276,000 | 82,876,000 | 80,156,000 | 85,108,000 |
| Allowance for loan losses | 1,312,000 | 1,316,000 | 1,319,000 | 1,318,000 |
| Securities available for sale | 21,000 | 16,000 | 12,000 | 8,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,466,000 | 69,058,000 | 64,277,000 | 63,385,000 |
| Interest-bearing deposits | 64,376,000 | 64,328,000 | 60,167,000 | 58,503,000 |
| Noninterest-bearing deposits | 5,090,000 | 4,730,000 | 4,110,000 | 4,882,000 |
| Equity capital | 15,349,000 | 15,473,000 | 15,398,000 | 15,038,000 |
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 | 1,252,000 | 2,602,000 | 3,747,000 | 4,855,000 |
| Interest expense | 457,000 | 895,000 | 1,320,000 | 1,723,000 |
| Net interest income | 795,000 | 1,707,000 | 2,427,000 | 3,132,000 |
| Noninterest income | 27,000 | 28,000 | 40,000 | -110,000 |
| Noninterest expense | 740,000 | 1,529,000 | 2,336,000 | 3,250,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 82,000 | 206,000 | 131,000 | -228,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 82,000 | 206,000 | 131,000 | -228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,349,000 | 15,473,000 | 15,398,000 | 15,038,000 |
| Total capital | 16,189,000 | 16,283,000 | 16,201,000 | 15,855,000 |
| Risk-weighted assets | 66,766,000 | 64,302,000 | 63,751,000 | 64,932,000 |