Call reports 2023
FIRST FEDERAL BANK & TRUST — 2023
What FIRST FEDERAL BANK & TRUST 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 | 582,411,000 | 584,111,000 | 592,310,000 | 617,438,000 |
| Total loans | 466,601,000 | 463,798,000 | 476,922,000 | 472,979,000 |
| Allowance for loan losses | 6,355,000 | 6,160,000 | 6,157,000 | 6,195,000 |
| Securities available for sale | 65,726,000 | 62,849,000 | 60,763,000 | 65,855,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 523,657,000 | 524,166,000 | 512,051,000 | 553,145,000 |
| Interest-bearing deposits | 463,804,000 | 465,010,000 | 448,772,000 | 499,478,000 |
| Noninterest-bearing deposits | 59,853,000 | 59,156,000 | 63,279,000 | 53,667,000 |
| Equity capital | 56,143,000 | 56,744,000 | 56,905,000 | 58,979,000 |
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 | 6,815,000 | 14,222,000 | 21,890,000 | 29,498,000 |
| Interest expense | 2,590,000 | 5,776,000 | 9,166,000 | 13,377,000 |
| Net interest income | 4,225,000 | 8,446,000 | 12,724,000 | 16,121,000 |
| Noninterest income | 410,000 | 1,400,000 | 2,431,000 | 3,212,000 |
| Noninterest expense | 3,747,000 | 7,717,000 | 11,579,000 | 15,721,000 |
| Provision for loan losses | 164,000 | -69,000 | -45,000 | 12,000 |
| Pretax income | 609,000 | 1,857,000 | 3,310,000 | 3,367,000 |
| Income tax | 85,000 | 306,000 | 569,000 | 540,000 |
| Net income | 524,000 | 1,551,000 | 2,741,000 | 2,827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,538,000 | 63,565,000 | 64,754,000 | 64,840,000 |
| Total capital | 68,562,000 | 69,604,000 | 70,611,000 | 70,897,000 |
| Risk-weighted assets | 481,470,000 | 482,627,000 | 468,002,000 | 484,184,000 |