Call reports 2024
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 38,209,000 | 38,808,000 | 39,409,000 | 40,468,000 |
| Total loans | 35,707,000 | 36,504,000 | 34,929,000 | 35,764,000 |
| Allowance for loan losses | 424,000 | 433,000 | 436,000 | 439,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,345,000 | 26,854,000 | 27,399,000 | 28,518,000 |
| Interest-bearing deposits | 26,012,000 | 26,608,000 | 27,178,000 | 28,289,000 |
| Noninterest-bearing deposits | 333,000 | 246,000 | 221,000 | 229,000 |
| Equity capital | 10,178,000 | 10,219,000 | 10,236,000 | 10,297,000 |
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 | 526,000 | 1,092,000 | 1,656,000 | 2,227,000 |
| Interest expense | 197,000 | 415,000 | 654,000 | 899,000 |
| Net interest income | 329,000 | 677,000 | 1,002,000 | 1,328,000 |
| Noninterest income | 22,000 | 45,000 | 58,000 | 76,000 |
| Noninterest expense | 328,000 | 638,000 | 945,000 | 1,281,000 |
| Provision for loan losses | 9,000 | 18,000 | 21,000 | 24,000 |
| Pretax income | 14,000 | 66,000 | 94,000 | 99,000 |
| Income tax | 3,000 | 14,000 | 20,000 | 9,000 |
| Net income | 11,000 | 52,000 | 74,000 | 90,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,178,000 | 10,219,000 | 10,236,000 | 10,297,000 |
| Total capital | 10,499,000 | 10,549,000 | 10,558,000 | 10,629,000 |
| Risk-weighted assets | 25,579,000 | 26,283,000 | 25,612,000 | 26,480,000 |