Call reports 2021
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF NEWARK — 2021
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF NEWARK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 241,181,000 | 242,207,000 | 245,494,000 | 253,213,000 |
| Total loans | 149,936,000 | 147,287,000 | 145,521,000 | 143,826,000 |
| Allowance for loan losses | 1,356,000 | 1,357,000 | 1,363,000 | 1,364,000 |
| Securities available for sale | 29,089,000 | 30,224,000 | 27,369,000 | 28,265,000 |
| Securities held to maturity | 14,769,000 | 17,582,000 | 27,848,000 | 32,457,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,090,000 | 198,048,000 | 201,499,000 | 209,712,000 |
| Interest-bearing deposits | 181,779,000 | 182,254,000 | 185,773,000 | 190,419,000 |
| Noninterest-bearing deposits | 16,311,000 | 15,794,000 | 15,726,000 | 19,293,000 |
| Equity capital | 36,672,000 | 37,268,000 | 37,403,000 | 37,711,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,936,000 | 3,847,000 | 5,662,000 | 7,537,000 |
| Interest expense | 386,000 | 748,000 | 1,073,000 | 1,359,000 |
| Net interest income | 1,550,000 | 3,099,000 | 4,589,000 | 6,178,000 |
| Noninterest income | 701,000 | 1,359,000 | 1,982,000 | 2,477,000 |
| Noninterest expense | 1,722,000 | 3,531,000 | 5,414,000 | 7,215,000 |
| Provision for loan losses | -6,000 | -4,000 | -105,000 | -104,000 |
| Pretax income | 535,000 | 931,000 | 1,262,000 | 1,544,000 |
| Income tax | 106,000 | 179,000 | 244,000 | 277,000 |
| Net income | 429,000 | 752,000 | 1,018,000 | 1,267,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,108,000 | 37,431,000 | 37,697,000 | 38,087,000 |