Call reports 2024
FIRST SHORE FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What FIRST SHORE FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 357,754,000 | 359,071,000 | 361,196,000 | 366,650,000 |
| Total loans | 278,148,000 | 281,647,000 | 283,000,000 | 284,017,000 |
| Allowance for loan losses | 4,131,000 | 4,087,000 | 3,880,000 | 3,798,000 |
| Securities available for sale | 23,463,000 | 23,042,000 | 22,955,000 | 23,922,000 |
| Securities held to maturity | 1,244,000 | 1,231,000 | 1,207,000 | 1,197,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 296,626,000 | 297,436,000 | 298,278,000 | 303,420,000 |
| Interest-bearing deposits | 278,623,000 | 281,276,000 | 281,304,000 | 285,619,000 |
| Noninterest-bearing deposits | 18,003,000 | 16,160,000 | 16,974,000 | 17,801,000 |
| Equity capital | 56,630,000 | 57,304,000 | 58,347,000 | 58,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,298,000 | 8,799,000 | 13,305,000 | 17,915,000 |
| Interest expense | 1,664,000 | 3,468,000 | 5,378,000 | 7,299,000 |
| Net interest income | 2,634,000 | 5,331,000 | 7,927,000 | 10,616,000 |
| Noninterest income | 187,000 | 366,000 | 546,000 | 749,000 |
| Noninterest expense | 1,944,000 | 3,987,000 | 6,119,000 | 8,524,000 |
| Provision for loan losses | 16,000 | -30,000 | -238,000 | -320,000 |
| Pretax income | 864,000 | 1,789,000 | 2,614,000 | 3,119,000 |
| Income tax | 232,000 | 471,000 | 666,000 | 831,000 |
| Net income | 632,000 | 1,318,000 | 1,948,000 | 2,288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,061,000 | 58,746,000 | 59,374,000 | 59,716,000 |
| Total capital | 60,899,000 | 61,600,000 | 62,236,000 | 62,607,000 |
| Risk-weighted assets | 225,443,000 | 226,852,000 | 227,635,000 | 230,007,000 |