Call reports 2023
FIRST FEDERAL SAVINGS BANK OF WASHINGTON — 2023
What FIRST FEDERAL SAVINGS BANK OF WASHINGTON 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 | 75,702,000 | 76,808,000 | 79,481,000 | 80,963,000 |
| Total loans | 55,901,000 | 57,133,000 | 61,863,000 | 63,583,000 |
| Allowance for loan losses | 405,000 | 435,000 | 460,000 | 486,000 |
| Securities available for sale | 7,677,000 | 7,583,000 | 7,418,000 | 7,685,000 |
| Securities held to maturity | 354,000 | 348,000 | 264,000 | 262,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,605,000 | 64,411,000 | 67,068,000 | 68,363,000 |
| Interest-bearing deposits | 55,898,000 | 54,600,000 | 56,231,000 | 58,559,000 |
| Noninterest-bearing deposits | 10,707,000 | 9,811,000 | 10,837,000 | 9,804,000 |
| Equity capital | 8,963,000 | 8,979,000 | 8,912,000 | 9,097,000 |
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 | 735,000 | 1,585,000 | 2,450,000 | 3,394,000 |
| Interest expense | 139,000 | 357,000 | 660,000 | 1,057,000 |
| Net interest income | 596,000 | 1,228,000 | 1,790,000 | 2,337,000 |
| Noninterest income | 23,000 | 52,000 | 78,000 | 94,000 |
| Noninterest expense | 549,000 | 1,095,000 | 1,650,000 | 2,223,000 |
| Provision for loan losses | 22,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 48,000 | 140,000 | 150,000 | 118,000 |
| Income tax | 8,000 | 26,000 | 25,000 | 14,000 |
| Net income | 40,000 | 114,000 | 125,000 | 104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,482,000 | 9,556,000 | 9,568,000 | 9,546,000 |