Call reports 2023
MUTUAL SAVINGS ASSOCIATION — 2023
What MUTUAL SAVINGS 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 | 341,071,000 | 350,322,000 | 344,568,000 | 352,707,000 |
| Total loans | 199,387,000 | 210,200,000 | 208,910,000 | 215,453,000 |
| Allowance for loan losses | 2,087,000 | 2,179,000 | 2,144,000 | 2,153,000 |
| Securities available for sale | 102,873,000 | 98,639,000 | 95,792,000 | 98,245,000 |
| Securities held to maturity | 4,243,000 | 4,185,000 | 4,139,000 | 4,092,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,028,000 | 227,143,000 | 228,137,000 | 227,291,000 |
| Interest-bearing deposits | 202,405,000 | 201,718,000 | 203,510,000 | 204,405,000 |
| Noninterest-bearing deposits | 25,623,000 | 25,425,000 | 24,627,000 | 22,886,000 |
| Equity capital | 75,887,000 | 76,408,000 | 76,015,000 | 79,013,000 |
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 | 3,601,000 | 7,475,000 | 11,640,000 | 15,943,000 |
| Interest expense | 1,113,000 | 2,494,000 | 3,935,000 | 5,407,000 |
| Net interest income | 2,488,000 | 4,981,000 | 7,705,000 | 10,536,000 |
| Noninterest income | 717,000 | 1,550,000 | 2,320,000 | 3,179,000 |
| Noninterest expense | 2,015,000 | 3,962,000 | 6,226,000 | 8,387,000 |
| Provision for loan losses | 0 | 35,000 | 35,000 | 122,000 |
| Pretax income | 1,234,000 | 2,561,000 | 3,784,000 | 4,804,000 |
| Income tax | 242,000 | 494,000 | 729,000 | 908,000 |
| Net income | 992,000 | 2,067,000 | 3,055,000 | 3,896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,804,000 | 79,880,000 | 80,867,000 | 81,707,000 |
| Total capital | 81,173,000 | 82,298,000 | 83,290,000 | 84,209,000 |
| Risk-weighted assets | 230,000,000 | 244,194,000 | 239,517,000 | 248,470,000 |