Call reports 2024
FIRST FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION — 2024
What FIRST FEDERAL COMMUNITY BANK, NATIONAL 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 | 778,254,000 | 785,904,000 | 823,349,000 | 842,669,000 |
| Total loans | 601,163,000 | 603,276,000 | 621,904,000 | 626,620,000 |
| Allowance for loan losses | 5,877,000 | 5,894,000 | 6,091,000 | 6,159,000 |
| Securities available for sale | 43,821,000 | 50,081,000 | 52,288,000 | 57,744,000 |
| Securities held to maturity | 0 | 0 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 705,530,000 | 711,707,000 | 746,746,000 | 764,940,000 |
| Interest-bearing deposits | 562,299,000 | 559,389,000 | 587,768,000 | 611,481,000 |
| Noninterest-bearing deposits | 143,231,000 | 152,318,000 | 158,978,000 | 153,459,000 |
| Equity capital | 64,164,000 | 66,243,000 | 69,217,000 | 70,194,000 |
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 | 9,812,000 | 20,156,000 | 30,849,000 | 41,957,000 |
| Interest expense | 3,677,000 | 7,593,000 | 11,781,000 | 15,928,000 |
| Net interest income | 6,135,000 | 12,563,000 | 19,068,000 | 26,029,000 |
| Noninterest income | 830,000 | 1,649,000 | 2,526,000 | 3,401,000 |
| Noninterest expense | 3,611,000 | 7,115,000 | 10,792,000 | 14,581,000 |
| Provision for loan losses | 107,000 | 122,000 | 329,000 | 449,000 |
| Pretax income | 3,231,000 | 6,959,000 | 10,457,000 | 14,378,000 |
| Income tax | 672,000 | 1,318,000 | 1,952,000 | 2,666,000 |
| Net income | 2,559,000 | 5,641,000 | 8,505,000 | 11,712,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,476,000 | 70,592,000 | 72,525,000 | 74,751,000 |
| Total capital | 74,497,000 | 76,630,000 | 78,761,000 | 81,060,000 |
| Risk-weighted assets | 565,722,000 | 568,483,000 | 585,782,000 | 589,535,000 |