Call reports 2023
FIRST FEDERAL BANK LITTLEFIELD, TEXAS, SSB — 2023
What FIRST FEDERAL BANK LITTLEFIELD, TEXAS, SSB 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 | 54,465,000 | 54,025,000 | 53,219,000 | 55,863,000 |
| Total loans | 40,289,000 | 44,265,000 | 45,938,000 | 41,312,000 |
| Allowance for loan losses | 621,000 | 637,000 | 652,000 | 667,000 |
| Securities available for sale | 6,605,000 | 4,093,000 | 4,023,000 | 4,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,424,000 | 42,853,000 | 41,886,000 | 44,492,000 |
| Interest-bearing deposits | 29,969,000 | 29,374,000 | 30,147,000 | 30,975,000 |
| Noninterest-bearing deposits | 13,455,000 | 13,479,000 | 11,739,000 | 13,517,000 |
| Equity capital | 10,895,000 | 10,985,000 | 11,003,000 | 11,127,000 |
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 | 802,000 | 1,618,000 | 2,497,000 | 3,388,000 |
| Interest expense | 98,000 | 232,000 | 413,000 | 635,000 |
| Net interest income | 704,000 | 1,386,000 | 2,084,000 | 2,753,000 |
| Noninterest income | 29,000 | 61,000 | 92,000 | 122,000 |
| Noninterest expense | 554,000 | 1,102,000 | 1,700,000 | 2,343,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 164,000 | 315,000 | 431,000 | 472,000 |
| Income tax | 47,000 | 75,000 | 97,000 | 92,000 |
| Net income | 117,000 | 240,000 | 334,000 | 380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,824,000 | 10,957,000 | 11,070,000 | 11,096,000 |