Call reports 2020
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MCMINNVILLE — 2020
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MCMINNVILLE 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 | 474,013,000 | 507,704,000 | 534,066,000 | 548,435,000 |
| Total loans | 279,252,000 | 287,737,000 | 287,320,000 | 295,637,000 |
| Allowance for loan losses | 3,184,000 | 3,609,000 | 4,209,000 | 4,209,000 |
| Securities available for sale | 123,838,000 | 141,562,000 | 147,785,000 | 160,547,000 |
| Securities held to maturity | 1,055,000 | 1,050,000 | 1,045,000 | 1,040,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,292,000 | 433,858,000 | 460,166,000 | 473,946,000 |
| Interest-bearing deposits | 359,239,000 | 381,212,000 | 402,502,000 | 410,019,000 |
| Noninterest-bearing deposits | 42,053,000 | 52,646,000 | 57,664,000 | 63,927,000 |
| Equity capital | 69,022,000 | 69,973,000 | 69,937,000 | 70,732,000 |
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 | 4,162,000 | 8,040,000 | 12,003,000 | 15,887,000 |
| Interest expense | 488,000 | 933,000 | 1,327,000 | 1,662,000 |
| Net interest income | 3,674,000 | 7,107,000 | 10,676,000 | 14,225,000 |
| Noninterest income | 431,000 | 772,000 | 1,172,000 | 1,492,000 |
| Noninterest expense | 2,978,000 | 5,999,000 | 9,005,000 | 11,991,000 |
| Provision for loan losses | 0 | 425,000 | 1,025,000 | 1,025,000 |
| Pretax income | 1,185,000 | 1,513,000 | 1,878,000 | 2,762,000 |
| Income tax | 302,000 | 384,000 | 456,000 | 668,000 |
| Net income | 883,000 | 1,129,000 | 1,422,000 | 2,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,918,000 | 68,164,000 | 68,456,000 | 69,128,000 |
| Total capital | 70,872,000 | 71,203,000 | 71,530,000 | 72,529,000 |
| Risk-weighted assets | 236,080,000 | 242,503,000 | 244,760,000 | 271,230,000 |