Call reports 2024
CUMBERLAND FEDERAL BANK, FSB — 2024
What CUMBERLAND FEDERAL BANK, FSB 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 | 259,654,000 | 269,943,000 | 281,609,000 | 290,985,000 |
| Total loans | 118,394,000 | 127,113,000 | 135,865,000 | 149,225,000 |
| Allowance for loan losses | 1,076,000 | 1,081,000 | 1,081,000 | 1,195,000 |
| Securities available for sale | 133,598,000 | 134,629,000 | 137,418,000 | 133,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,758,000 | 240,188,000 | 238,448,000 | 241,330,000 |
| Interest-bearing deposits | 211,598,000 | 226,659,000 | 225,082,000 | 228,783,000 |
| Noninterest-bearing deposits | 13,160,000 | 13,529,000 | 13,366,000 | 12,547,000 |
| Equity capital | 22,786,000 | 23,470,000 | 26,301,000 | 25,032,000 |
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 | 3,577,000 | 7,238,000 | 11,212,000 | 15,351,000 |
| Interest expense | 2,119,000 | 4,222,000 | 6,493,000 | 8,698,000 |
| Net interest income | 1,458,000 | 3,016,000 | 4,719,000 | 6,653,000 |
| Noninterest income | 116,000 | 240,000 | 387,000 | 512,000 |
| Noninterest expense | 910,000 | 1,867,000 | 2,878,000 | 4,238,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 161,000 |
| Pretax income | 664,000 | 1,401,000 | 2,229,000 | 2,791,000 |
| Income tax | 134,000 | 281,000 | 439,000 | 518,000 |
| Net income | 530,000 | 1,120,000 | 1,790,000 | 2,273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,094,000 | 27,684,000 | 28,354,000 | 28,587,000 |
| Total capital | 28,170,000 | 28,765,000 | 29,435,000 | 29,782,000 |
| Risk-weighted assets | 150,207,000 | 157,254,000 | 162,610,000 | 176,135,000 |