Call reports 2022
FIRST FEDERAL BANK & TRUST — 2022
What FIRST FEDERAL BANK & TRUST reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 462,297,000 | 494,513,000 | 515,589,000 | 543,770,000 |
| Total loans | 339,117,000 | 372,445,000 | 402,134,000 | 428,639,000 |
| Allowance for loan losses | 4,573,000 | 5,247,000 | 5,618,000 | 6,118,000 |
| Securities available for sale | 84,576,000 | 74,493,000 | 70,053,000 | 72,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 392,249,000 | 415,668,000 | 458,250,000 | 484,640,000 |
| Interest-bearing deposits | 330,015,000 | 344,484,000 | 392,917,000 | 426,901,000 |
| Noninterest-bearing deposits | 62,234,000 | 71,184,000 | 65,334,000 | 57,739,000 |
| Equity capital | 56,327,000 | 53,936,000 | 53,918,000 | 55,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,131,000 | 8,939,000 | 14,314,000 | 20,420,000 |
| Interest expense | 267,000 | 613,000 | 1,445,000 | 3,051,000 |
| Net interest income | 3,864,000 | 8,326,000 | 12,869,000 | 17,369,000 |
| Noninterest income | 1,677,000 | 3,043,000 | 4,036,000 | 4,401,000 |
| Noninterest expense | 3,344,000 | 6,959,000 | 10,878,000 | 14,677,000 |
| Provision for loan losses | 242,000 | 931,000 | 1,260,000 | 1,715,000 |
| Pretax income | 2,022,000 | 3,530,000 | 4,823,000 | 5,429,000 |
| Income tax | 381,000 | 653,000 | 880,000 | 965,000 |
| Net income | 1,641,000 | 2,877,000 | 3,943,000 | 4,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,189,000 | 60,426,000 | 61,490,000 | 62,013,000 |
| Total capital | 63,740,000 | 65,366,000 | 66,924,000 | 67,650,000 |
| Risk-weighted assets | 364,072,000 | 394,867,000 | 434,553,000 | 450,455,000 |