Call reports 2016
FIRST FEDERAL SAVINGS BANK OF BOSTON — 2016
What FIRST FEDERAL SAVINGS BANK OF BOSTON reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 55,375,000 | 68,065,000 |
| Total loans | 41,748,000 | 57,431,000 |
| Allowance for loan losses | 564,000 | 565,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 1,000 | 1,000 |
| Trading assets | 0 | 0 |
| Total deposits | 38,705,000 | 42,425,000 |
| Interest-bearing deposits | 23,578,000 | 24,653,000 |
| Noninterest-bearing deposits | 15,127,000 | 17,772,000 |
| Equity capital | 13,039,000 | 11,170,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Interest income | 475,000 | 968,000 |
| Interest expense | 66,000 | 138,000 |
| Net interest income | 409,000 | 830,000 |
| Noninterest income | 2,302,000 | 5,211,000 |
| Noninterest expense | 2,697,000 | 7,695,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 14,000 | -1,654,000 |
| Income tax | 0 | 0 |
| Net income | 14,000 | -1,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 10,467,000 | 8,366,000 |
| Total capital | 10,833,000 | 8,777,000 |
| Risk-weighted assets | 27,317,000 | 30,732,000 |