Call reports 2023
CUMBERLAND FEDERAL BANK, FSB — 2023
What CUMBERLAND FEDERAL BANK, FSB 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 | 248,894,000 | 255,185,000 | 253,305,000 | 260,109,000 |
| Total loans | 102,176,000 | 105,434,000 | 114,980,000 | 119,380,000 |
| Allowance for loan losses | 905,000 | 968,000 | 972,000 | 1,076,000 |
| Securities available for sale | 126,380,000 | 129,916,000 | 127,451,000 | 131,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,136,000 | 215,989,000 | 218,070,000 | 218,839,000 |
| Interest-bearing deposits | 199,139,000 | 203,780,000 | 205,005,000 | 204,874,000 |
| Noninterest-bearing deposits | 12,997,000 | 12,209,000 | 13,065,000 | 13,965,000 |
| Equity capital | 20,150,000 | 20,800,000 | 20,497,000 | 22,525,000 |
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 | 2,691,000 | 5,676,000 | 8,887,000 | 12,285,000 |
| Interest expense | 1,013,000 | 2,280,000 | 4,263,000 | 6,149,000 |
| Net interest income | 1,678,000 | 3,396,000 | 4,624,000 | 6,136,000 |
| Noninterest income | 133,000 | 266,000 | 442,000 | 593,000 |
| Noninterest expense | 895,000 | 1,771,000 | 2,654,000 | 3,676,000 |
| Provision for loan losses | 0 | 96,000 | 96,000 | 196,000 |
| Pretax income | 929,000 | 1,808,000 | 2,302,000 | 2,844,000 |
| Income tax | 266,000 | 520,000 | 515,000 | 569,000 |
| Net income | 663,000 | 1,288,000 | 1,787,000 | 2,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,952,000 | 25,578,000 | 26,076,000 | 26,564,000 |
| Total capital | 25,857,000 | 26,546,000 | 27,048,000 | 27,640,000 |
| Risk-weighted assets | 141,097,000 | 141,880,000 | 149,759,000 | 149,017,000 |