Call reports 2020
LIBERTY SAVINGS ASSOCIATION, FSA, THE — 2020
What LIBERTY SAVINGS ASSOCIATION, FSA, THE 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 | 31,286,000 | 31,738,000 | 31,415,000 | 30,770,000 |
| Total loans | 9,258,000 | 8,966,000 | 8,598,000 | 9,003,000 |
| Allowance for loan losses | 96,000 | 96,000 | 96,000 | 99,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,136,000 | 17,857,000 | 18,006,000 | 16,134,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,633,000 | 25,076,000 | 24,732,000 | 24,159,000 |
| Interest-bearing deposits | 24,633,000 | 25,076,000 | 24,732,000 | 24,159,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 6,618,000 | 6,621,000 | 6,641,000 | 6,585,000 |
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 | 260,000 | 505,000 | 734,000 | 943,000 |
| Interest expense | 55,000 | 105,000 | 153,000 | 201,000 |
| Net interest income | 205,000 | 400,000 | 581,000 | 742,000 |
| Noninterest income | 7,000 | 9,000 | 13,000 | 28,000 |
| Noninterest expense | 169,000 | 366,000 | 528,000 | 765,000 |
| Provision for loan losses | 0 | 0 | 0 | 3,000 |
| Pretax income | 43,000 | 43,000 | 66,000 | 2,000 |
| Income tax | 8,000 | 5,000 | 8,000 | 0 |
| Net income | 35,000 | 38,000 | 58,000 | 2,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,618,000 | 6,621,000 | 6,641,000 | 6,585,000 |