Call reports 2022
FIRST FEDERAL BANK — 2022
What FIRST FEDERAL BANK 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 | 968,824,000 | 979,077,000 | 989,734,000 | 1,022,264,000 |
| Total loans | 431,002,000 | 462,915,000 | 505,708,000 | 529,935,000 |
| Allowance for loan losses | 8,829,000 | 8,863,000 | 9,059,000 | 10,357,000 |
| Securities available for sale | 170,293,000 | 174,584,000 | 195,496,000 | 194,524,000 |
| Securities held to maturity | 173,467,000 | 169,737,000 | 169,635,000 | 167,636,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 861,773,000 | 874,658,000 | 889,796,000 | 918,473,000 |
| Interest-bearing deposits | 693,457,000 | 700,871,000 | 722,498,000 | 759,201,000 |
| Noninterest-bearing deposits | 168,316,000 | 173,787,000 | 167,298,000 | 159,272,000 |
| Equity capital | 92,924,000 | 91,261,000 | 86,563,000 | 89,748,000 |
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 | 6,257,000 | 13,299,000 | 21,286,000 | 30,519,000 |
| Interest expense | 424,000 | 868,000 | 1,371,000 | 2,311,000 |
| Net interest income | 5,833,000 | 12,431,000 | 19,915,000 | 28,208,000 |
| Noninterest income | 1,429,000 | 2,707,000 | 3,915,000 | 5,079,000 |
| Noninterest expense | 4,055,000 | 8,035,000 | 12,047,000 | 16,578,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 1,500,000 |
| Pretax income | 3,208,000 | 7,081,000 | 11,561,000 | 15,188,000 |
| Income tax | 203,000 | 450,000 | 754,000 | 1,081,000 |
| Net income | 3,005,000 | 6,631,000 | 10,807,000 | 14,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,795,000 | 91,676,000 | 94,241,000 | 94,347,000 |