Call reports 2023
FIRST FEDERAL BANK — 2023
What FIRST FEDERAL BANK 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 | 983,115,000 | 979,367,000 | 966,582,000 | 980,500,000 |
| Total loans | 541,576,000 | 574,205,000 | 578,643,000 | 582,725,000 |
| Allowance for loan losses | 10,969,000 | 11,557,000 | 12,019,000 | 12,110,000 |
| Securities available for sale | 177,569,000 | 172,345,000 | 160,655,000 | 163,682,000 |
| Securities held to maturity | 166,587,000 | 165,436,000 | 164,254,000 | 163,126,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 876,021,000 | 856,260,000 | 860,746,000 | 867,758,000 |
| Interest-bearing deposits | 719,446,000 | 699,146,000 | 704,733,000 | 714,595,000 |
| Noninterest-bearing deposits | 156,575,000 | 157,114,000 | 156,013,000 | 153,163,000 |
| Equity capital | 92,735,000 | 92,464,000 | 90,945,000 | 97,634,000 |
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 | 9,359,000 | 19,088,000 | 29,401,000 | 40,203,000 |
| Interest expense | 1,698,000 | 3,888,000 | 6,743,000 | 10,068,000 |
| Net interest income | 7,661,000 | 15,200,000 | 22,658,000 | 30,135,000 |
| Noninterest income | 1,146,000 | 2,318,000 | 3,286,000 | 4,468,000 |
| Noninterest expense | 4,375,000 | 8,782,000 | 13,338,000 | 17,438,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,600,000 | 1,600,000 |
| Pretax income | 3,798,000 | 7,466,000 | 10,890,000 | 15,419,000 |
| Income tax | 284,000 | 553,000 | 784,000 | 1,157,000 |
| Net income | 3,514,000 | 6,913,000 | 10,106,000 | 14,262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,826,000 | 97,026,000 | 95,368,000 | 99,822,000 |