Call reports 2024
FIRST FEDERAL SAVINGS BANK OF WASHINGTON — 2024
What FIRST FEDERAL SAVINGS BANK OF WASHINGTON 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 | 84,769,000 | 93,380,000 | 92,954,000 | 90,861,000 |
| Total loans | 64,713,000 | 68,885,000 | 70,541,000 | 70,651,000 |
| Allowance for loan losses | 508,000 | 522,000 | 536,000 | 556,000 |
| Securities available for sale | 7,443,000 | 6,674,000 | 6,854,000 | 6,720,000 |
| Securities held to maturity | 183,000 | 177,000 | 166,000 | 160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,084,000 | 74,716,000 | 74,968,000 | 73,147,000 |
| Interest-bearing deposits | 60,967,000 | 64,474,000 | 65,231,000 | 62,849,000 |
| Noninterest-bearing deposits | 9,117,000 | 10,242,000 | 9,737,000 | 10,298,000 |
| Equity capital | 9,100,000 | 9,095,000 | 9,332,000 | 9,159,000 |
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 | 1,009,000 | 2,093,000 | 3,246,000 | 4,393,000 |
| Interest expense | 455,000 | 943,000 | 1,464,000 | 1,986,000 |
| Net interest income | 554,000 | 1,150,000 | 1,782,000 | 2,407,000 |
| Noninterest income | 33,000 | 58,000 | 87,000 | 255,000 |
| Noninterest expense | 580,000 | 1,189,000 | 1,725,000 | 2,648,000 |
| Provision for loan losses | 22,000 | 40,000 | 54,000 | 74,000 |
| Pretax income | -15,000 | -26,000 | 77,000 | -76,000 |
| Income tax | -8,000 | -15,000 | 6,000 | -68,000 |
| Net income | -7,000 | -11,000 | 71,000 | -8,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,539,000 | 9,535,000 | 9,616,000 | 9,537,000 |