Call reports 2024
FAIRFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF LANCASTER — 2024
What FAIRFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF LANCASTER reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 275,127,000 | 273,476,000 | 270,345,000 | 270,684,000 |
| Total loans | 245,508,000 | 245,150,000 | 243,879,000 | 244,120,000 |
| Allowance for loan losses | 1,156,000 | 1,166,000 | 1,165,000 | 1,156,000 |
| Securities available for sale | 14,420,000 | 13,508,000 | 12,757,000 | 12,753,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,353,000 | 241,485,000 | 236,085,000 | 238,420,000 |
| Interest-bearing deposits | 215,377,000 | 215,993,000 | 212,163,000 | 213,957,000 |
| Noninterest-bearing deposits | 22,976,000 | 25,492,000 | 23,922,000 | 24,463,000 |
| Equity capital | 30,768,000 | 30,999,000 | 31,354,000 | 31,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,801,000 | 5,668,000 | 8,527,000 | 11,424,000 |
| Interest expense | 992,000 | 2,037,000 | 3,083,000 | 4,151,000 |
| Net interest income | 1,809,000 | 3,631,000 | 5,444,000 | 7,273,000 |
| Noninterest income | 154,000 | 310,000 | 474,000 | 640,000 |
| Noninterest expense | 1,887,000 | 3,677,000 | 5,461,000 | 7,265,000 |
| Provision for loan losses | 16,000 | 24,000 | 26,000 | 54,000 |
| Pretax income | 60,000 | 240,000 | 431,000 | 594,000 |
| Income tax | 10,000 | 44,000 | 81,000 | 112,000 |
| Net income | 50,000 | 196,000 | 350,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,234,000 | 31,380,000 | 31,534,000 | 31,666,000 |