Call reports 2020
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF NEWARK — 2020
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF NEWARK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 219,978,000 | 228,573,000 | 232,486,000 | 235,052,000 |
| Total loans | 174,667,000 | 167,116,000 | 159,082,000 | 151,791,000 |
| Allowance for loan losses | 1,005,000 | 1,160,000 | 1,281,000 | 1,361,000 |
| Securities available for sale | 9,166,000 | 8,725,000 | 12,151,000 | 22,253,000 |
| Securities held to maturity | 6,717,000 | 7,509,000 | 11,116,000 | 11,126,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,042,000 | 183,709,000 | 187,689,000 | 189,947,000 |
| Interest-bearing deposits | 164,601,000 | 170,338,000 | 173,998,000 | 175,051,000 |
| Noninterest-bearing deposits | 9,441,000 | 13,371,000 | 13,691,000 | 14,896,000 |
| Equity capital | 35,527,000 | 35,955,000 | 36,345,000 | 36,901,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,359,000 | 4,495,000 | 6,720,000 | 8,845,000 |
| Interest expense | 647,000 | 1,198,000 | 1,718,000 | 2,182,000 |
| Net interest income | 1,712,000 | 3,297,000 | 5,002,000 | 6,663,000 |
| Noninterest income | 361,000 | 1,214,000 | 1,936,000 | 2,765,000 |
| Noninterest expense | 1,626,000 | 3,388,000 | 5,196,000 | 7,046,000 |
| Provision for loan losses | 138,000 | 293,000 | 420,000 | 495,000 |
| Pretax income | 309,000 | 830,000 | 1,322,000 | 1,887,000 |
| Income tax | 63,000 | 165,000 | 263,000 | 346,000 |
| Net income | 246,000 | 665,000 | 1,059,000 | 1,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,464,000 | 35,883,000 | 36,277,000 | 36,820,000 |
| Total capital | 36,469,000 | — | — | — |
| Risk-weighted assets | 136,921,000 | — | — | — |