Call reports 2023
FAIRFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF LANCASTER — 2023
What FAIRFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF LANCASTER 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 | 281,598,000 | 281,047,000 | 275,688,000 | 277,471,000 |
| Total loans | 245,527,000 | 243,970,000 | 244,213,000 | 247,622,000 |
| Allowance for loan losses | 1,152,000 | 1,152,000 | 1,155,000 | 1,156,000 |
| Securities available for sale | 18,190,000 | 17,113,000 | 15,193,000 | 15,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,882,000 | 246,491,000 | 244,205,000 | 242,667,000 |
| Interest-bearing deposits | 222,217,000 | 221,919,000 | 220,633,000 | 219,786,000 |
| Noninterest-bearing deposits | 24,665,000 | 24,572,000 | 23,572,000 | 22,881,000 |
| Equity capital | 32,672,000 | 32,899,000 | 30,215,000 | 30,694,000 |
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 | 2,683,000 | 5,375,000 | 8,084,000 | 11,026,000 |
| Interest expense | 551,000 | 1,311,000 | 2,190,000 | 3,147,000 |
| Net interest income | 2,132,000 | 4,064,000 | 5,894,000 | 7,879,000 |
| Noninterest income | 195,000 | 345,000 | 502,000 | 694,000 |
| Noninterest expense | 1,723,000 | 3,455,000 | 9,059,000 | 10,924,000 |
| Provision for loan losses | -10,000 | -5,000 | -125,000 | -106,000 |
| Pretax income | 614,000 | 959,000 | -2,538,000 | -2,245,000 |
| Income tax | 119,000 | 188,000 | -549,000 | -490,000 |
| Net income | 495,000 | 771,000 | -1,989,000 | -1,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,433,000 | 33,709,000 | 30,949,000 | 31,184,000 |