Call reports 2024
FIRST FEDERAL BANK, A FSB — 2024
What FIRST FEDERAL BANK, A 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 | 176,877,000 | 187,679,000 | 184,575,000 | 163,260,000 |
| Total loans | 145,799,000 | 156,436,000 | 153,952,000 | 133,467,000 |
| Allowance for loan losses | 1,362,000 | 1,366,000 | 1,373,000 | 1,387,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 722,000 | 715,000 | 708,000 | 701,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,563,000 | 123,923,000 | 133,725,000 | 118,238,000 |
| Interest-bearing deposits | 105,372,000 | 117,549,000 | 127,083,000 | 112,493,000 |
| Noninterest-bearing deposits | 7,191,000 | 6,374,000 | 6,642,000 | 5,745,000 |
| Equity capital | 13,650,000 | 13,606,000 | 13,441,000 | 12,936,000 |
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 | 2,309,000 | 4,687,000 | 7,225,000 | 9,639,000 |
| Interest expense | 1,455,000 | 2,996,000 | 4,599,000 | 6,110,000 |
| Net interest income | 854,000 | 1,691,000 | 2,626,000 | 3,529,000 |
| Noninterest income | 2,593,000 | 5,709,000 | 8,697,000 | 11,217,000 |
| Noninterest expense | 3,478,000 | 7,480,000 | 11,581,000 | 15,540,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -31,000 | -80,000 | -258,000 | -794,000 |
| Income tax | -2,000 | -7,000 | -20,000 | -51,000 |
| Net income | -29,000 | -73,000 | -238,000 | -743,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,644,000 | 13,600,000 | 13,435,000 | 12,930,000 |
| Total capital | 14,950,000 | 14,966,000 | 14,808,000 | 14,201,000 |
| Risk-weighted assets | 104,500,000 | 115,305,000 | 113,616,000 | 101,618,000 |