Call reports 2020
FIRST FEDERAL BANK — 2020
What FIRST FEDERAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 760,101,000 | 790,415,000 | 795,920,000 | 825,172,000 |
| Total loans | 387,355,000 | 395,027,000 | 392,766,000 | 402,667,000 |
| Allowance for loan losses | 5,893,000 | 6,760,000 | 7,088,000 | 7,470,000 |
| Securities available for sale | 242,338,000 | 260,142,000 | 272,128,000 | 277,308,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 650,585,000 | 676,716,000 | 681,511,000 | 709,955,000 |
| Interest-bearing deposits | 521,631,000 | 542,540,000 | 540,678,000 | 564,262,000 |
| Noninterest-bearing deposits | 128,954,000 | 134,176,000 | 140,833,000 | 145,693,000 |
| Equity capital | 93,186,000 | 95,693,000 | 96,375,000 | 97,760,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,859,000 | 13,907,000 | 20,264,000 | 26,498,000 |
| Interest expense | 1,236,000 | 2,175,000 | 2,966,000 | 3,625,000 |
| Net interest income | 5,623,000 | 11,732,000 | 17,298,000 | 22,873,000 |
| Noninterest income | 1,227,000 | 2,447,000 | 4,312,000 | 6,781,000 |
| Noninterest expense | 3,808,000 | 7,697,000 | 11,669,000 | 16,083,000 |
| Provision for loan losses | 150,000 | 975,000 | 1,275,000 | 1,575,000 |
| Pretax income | 2,894,000 | 5,500,000 | 8,747,000 | 12,250,000 |
| Income tax | 182,000 | 404,000 | 634,000 | 875,000 |
| Net income | 2,712,000 | 5,096,000 | 8,113,000 | 11,375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,208,000 | 80,524,000 | 81,168,000 | 81,598,000 |