Call reports 2024
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MCMINNVILLE — 2024
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MCMINNVILLE 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 | 625,970,000 | 640,803,000 | 639,433,000 | 643,757,000 |
| Total loans | 385,169,000 | 398,094,000 | 409,178,000 | 402,591,000 |
| Allowance for loan losses | 3,940,000 | 4,031,000 | 4,045,000 | 4,045,000 |
| Securities available for sale | 194,350,000 | 192,208,000 | 178,566,000 | 163,602,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 551,461,000 | 557,710,000 | 551,644,000 | 554,743,000 |
| Interest-bearing deposits | 471,531,000 | 479,792,000 | 475,135,000 | 473,782,000 |
| Noninterest-bearing deposits | 79,930,000 | 77,918,000 | 76,509,000 | 80,961,000 |
| Equity capital | 59,393,000 | 61,760,000 | 66,460,000 | 64,199,000 |
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 | 5,646,000 | 11,424,000 | 17,616,000 | 23,895,000 |
| Interest expense | 1,955,000 | 4,007,000 | 6,267,000 | 8,582,000 |
| Net interest income | 3,691,000 | 7,417,000 | 11,349,000 | 15,313,000 |
| Noninterest income | 530,000 | 1,060,000 | 1,640,000 | 2,350,000 |
| Noninterest expense | 3,953,000 | 7,762,000 | 11,696,000 | 15,663,000 |
| Provision for loan losses | 0 | 100,000 | 114,000 | 114,000 |
| Pretax income | 268,000 | 615,000 | 1,233,000 | 1,940,000 |
| Income tax | 49,000 | 126,000 | 251,000 | 396,000 |
| Net income | 219,000 | 489,000 | 982,000 | 1,544,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,543,000 | 76,813,000 | 77,307,000 | 77,869,000 |
| Total capital | 80,744,000 | 81,106,000 | 81,559,000 | 82,121,000 |
| Risk-weighted assets | 366,849,000 | 378,618,000 | 378,502,000 | 375,421,000 |