Call reports 2023
FIRST FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION — 2023
What FIRST FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION 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 | 704,637,000 | 730,142,000 | 740,253,000 | 753,205,000 |
| Total loans | 554,688,000 | 568,711,000 | 575,289,000 | 580,833,000 |
| Allowance for loan losses | 4,933,000 | 4,958,000 | 5,762,000 | 5,769,000 |
| Securities available for sale | 39,568,000 | 39,154,000 | 37,931,000 | 43,796,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 615,350,000 | 646,697,000 | 669,382,000 | 682,536,000 |
| Interest-bearing deposits | 471,055,000 | 494,213,000 | 515,490,000 | 529,264,000 |
| Noninterest-bearing deposits | 144,295,000 | 152,484,000 | 153,892,000 | 153,272,000 |
| Equity capital | 55,868,000 | 58,019,000 | 57,973,000 | 62,270,000 |
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 | 7,698,000 | 16,122,000 | 25,274,000 | 34,946,000 |
| Interest expense | 1,771,000 | 4,077,000 | 7,084,000 | 10,500,000 |
| Net interest income | 5,927,000 | 12,045,000 | 18,190,000 | 24,446,000 |
| Noninterest income | 717,000 | 1,466,000 | 2,259,000 | 2,973,000 |
| Noninterest expense | 3,542,000 | 7,119,000 | 10,598,000 | 14,038,000 |
| Provision for loan losses | 30,000 | 60,000 | 99,000 | 105,000 |
| Pretax income | 3,072,000 | 6,332,000 | 9,752,000 | 13,276,000 |
| Income tax | 576,000 | 1,161,000 | 1,810,000 | 2,474,000 |
| Net income | 2,496,000 | 5,171,000 | 7,942,000 | 10,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,175,000 | 62,547,000 | 63,961,000 | 65,967,000 |
| Total capital | 65,248,000 | 67,645,000 | 69,863,000 | 71,880,000 |
| Risk-weighted assets | 525,290,000 | 534,648,000 | 540,644,000 | 542,963,000 |