Call reports 2023
FIRST SHORE FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What FIRST SHORE FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 340,007,000 | 330,629,000 | 336,841,000 | 345,744,000 |
| Total loans | 261,754,000 | 264,205,000 | 262,582,000 | 274,661,000 |
| Allowance for loan losses | 4,409,000 | 4,413,000 | 4,416,000 | 4,059,000 |
| Securities available for sale | 24,786,000 | 24,154,000 | 23,436,000 | 22,886,000 |
| Securities held to maturity | 1,316,000 | 1,306,000 | 1,277,000 | 1,265,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,325,000 | 275,748,000 | 281,626,000 | 285,005,000 |
| Interest-bearing deposits | 266,369,000 | 257,981,000 | 262,874,000 | 267,985,000 |
| Noninterest-bearing deposits | 19,956,000 | 17,767,000 | 18,752,000 | 17,020,000 |
| Equity capital | 52,952,000 | 54,401,000 | 54,720,000 | 56,075,000 |
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 | 3,664,000 | 7,492,000 | 11,283,000 | 15,283,000 |
| Interest expense | 593,000 | 1,413,000 | 2,600,000 | 4,013,000 |
| Net interest income | 3,071,000 | 6,079,000 | 8,683,000 | 11,270,000 |
| Noninterest income | 209,000 | 1,104,000 | 1,294,000 | 1,494,000 |
| Noninterest expense | 1,913,000 | 3,826,000 | 5,798,000 | 8,027,000 |
| Provision for loan losses | 0 | 0 | 0 | -359,000 |
| Pretax income | 1,364,000 | 3,354,000 | 4,175,000 | 5,094,000 |
| Income tax | 360,000 | 727,000 | 957,000 | 1,144,000 |
| Net income | 1,004,000 | 2,627,000 | 3,218,000 | 3,950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,482,000 | 56,107,000 | 56,697,000 | 57,428,000 |
| Total capital | 57,227,000 | 58,845,000 | 59,412,000 | 60,248,000 |
| Risk-weighted assets | 217,622,000 | 217,038,000 | 215,148,000 | 224,073,000 |