Call reports 2023
FIRST FEDERAL BANK, A FSB — 2023
What FIRST FEDERAL BANK, A 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 | 160,701,000 | 174,555,000 | 178,202,000 | 175,082,000 |
| Total loans | 133,927,000 | 148,050,000 | 146,215,000 | 147,059,000 |
| Allowance for loan losses | 1,185,000 | 1,215,000 | 1,303,000 | 1,358,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 749,000 | 742,000 | 735,000 | 728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,872,000 | 109,713,000 | 110,640,000 | 107,862,000 |
| Interest-bearing deposits | 95,920,000 | 8,274,000 | 102,507,000 | 101,751,000 |
| Noninterest-bearing deposits | 10,952,000 | 101,439,000 | 8,133,000 | 6,111,000 |
| Equity capital | 14,782,000 | 14,308,000 | 14,673,000 | 13,464,000 |
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 | 1,604,000 | 3,608,000 | 5,769,000 | 7,978,000 |
| Interest expense | 615,000 | 1,717,000 | 2,992,000 | 4,340,000 |
| Net interest income | 989,000 | 1,891,000 | 2,777,000 | 3,638,000 |
| Noninterest income | 2,284,000 | 5,022,000 | 7,357,000 | 8,935,000 |
| Noninterest expense | 3,341,000 | 7,138,000 | 10,903,000 | 14,568,000 |
| Provision for loan losses | 35,000 | 135,000 | 271,000 | 331,000 |
| Pretax income | -103,000 | -360,000 | -1,040,000 | -2,326,000 |
| Income tax | -7,000 | -26,000 | -71,000 | -148,000 |
| Net income | -96,000 | -334,000 | -969,000 | -2,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,776,000 | 14,302,000 | 14,667,000 | 13,458,000 |
| Total capital | 15,961,000 | 15,517,000 | 15,970,000 | 14,816,000 |
| Risk-weighted assets | 95,419,000 | 106,006,000 | 107,635,000 | 108,775,000 |