Call reports 2021
FIRST FEDERAL BANK, A FSB — 2021
What FIRST FEDERAL BANK, A FSB reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 178,310,000 | 161,055,000 | 145,980,000 | 131,771,000 |
| Total loans | 151,360,000 | 136,067,000 | 118,186,000 | 106,889,000 |
| Allowance for loan losses | 961,000 | 942,000 | 944,000 | 968,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 801,000 | 795,000 | 788,000 | 782,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,947,000 | 117,984,000 | 102,712,000 | 97,468,000 |
| Interest-bearing deposits | 109,974,000 | 108,180,000 | 92,819,000 | 89,285,000 |
| Noninterest-bearing deposits | 8,973,000 | 9,804,000 | 9,893,000 | 8,183,000 |
| Equity capital | 19,099,000 | 20,921,000 | 22,552,000 | 22,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,164,000 | 2,404,000 | 3,551,000 | 4,611,000 |
| Interest expense | 169,000 | 305,000 | 408,000 | 500,000 |
| Net interest income | 995,000 | 2,099,000 | 3,143,000 | 4,111,000 |
| Noninterest income | 8,350,000 | 14,920,000 | 20,984,000 | 25,261,000 |
| Noninterest expense | 5,308,000 | 11,033,000 | 16,404,000 | 21,423,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,037,000 | 5,986,000 | 7,723,000 | 7,949,000 |
| Income tax | 264,000 | 391,000 | 497,000 | 444,000 |
| Net income | 3,773,000 | 5,595,000 | 7,226,000 | 7,505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,093,000 | 20,915,000 | 22,546,000 | 22,826,000 |
| Total capital | 19,889,000 | 21,692,000 | 23,490,000 | 23,794,000 |
| Risk-weighted assets | 108,671,000 | 96,641,000 | 88,235,000 | 83,722,000 |