Call reports 2024
FIRST FEDERAL BANK LITTLEFIELD, TEXAS, SSB — 2024
What FIRST FEDERAL BANK LITTLEFIELD, TEXAS, SSB 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 | 57,497,000 | 58,003,000 | 57,986,000 | 59,905,000 |
| Total loans | 38,976,000 | 45,131,000 | 48,304,000 | 48,541,000 |
| Allowance for loan losses | 675,000 | 643,000 | 651,000 | 660,000 |
| Securities available for sale | 4,135,000 | 3,901,000 | 1,830,000 | 1,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,053,000 | 46,401,000 | 46,187,000 | 48,243,000 |
| Interest-bearing deposits | 32,632,000 | 34,316,000 | 35,334,000 | 36,688,000 |
| Noninterest-bearing deposits | 13,421,000 | 12,085,000 | 10,853,000 | 11,555,000 |
| Equity capital | 11,148,000 | 11,196,000 | 11,285,000 | 11,314,000 |
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 | 904,000 | 1,815,000 | 2,778,000 | 3,745,000 |
| Interest expense | 243,000 | 510,000 | 800,000 | 1,092,000 |
| Net interest income | 661,000 | 1,305,000 | 1,978,000 | 2,653,000 |
| Noninterest income | 28,000 | 58,000 | 102,000 | 145,000 |
| Noninterest expense | 617,000 | 1,224,000 | 1,869,000 | 2,508,000 |
| Provision for loan losses | 8,000 | -18,000 | -10,000 | -3,000 |
| Pretax income | 64,000 | 124,000 | 199,000 | 271,000 |
| Income tax | 13,000 | 20,000 | 40,000 | 50,000 |
| Net income | 51,000 | 104,000 | 159,000 | 221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,154,000 | 11,210,000 | 11,255,000 | 11,305,000 |