Call reports 2020
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2020
What FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 83,829,000 | 82,055,000 | 87,674,000 | 90,339,000 |
| Total loans | 76,831,000 | 74,600,000 | 80,313,000 | 82,815,000 |
| Allowance for loan losses | 529,000 | 529,000 | 529,000 | 517,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 166,000 | 162,000 | 158,000 | 154,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,885,000 | 47,931,000 | 47,639,000 | 47,412,000 |
| Interest-bearing deposits | 47,885,000 | 47,931,000 | 47,639,000 | 47,412,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 18,099,000 | 18,256,000 | 18,415,000 | 18,586,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 822,000 | 1,618,000 | 2,401,000 | 3,198,000 |
| Interest expense | 210,000 | 390,000 | 537,000 | 661,000 |
| Net interest income | 612,000 | 1,228,000 | 1,864,000 | 2,537,000 |
| Noninterest income | -3,000 | -2,000 | 11,000 | -26,000 |
| Noninterest expense | 451,000 | 871,000 | 1,315,000 | 1,752,000 |
| Provision for loan losses | 0 | 0 | 0 | 11,000 |
| Pretax income | 158,000 | 355,000 | 560,000 | 748,000 |
| Income tax | 33,000 | 73,000 | 119,000 | 158,000 |
| Net income | 125,000 | 282,000 | 441,000 | 590,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,099,000 | 18,256,000 | 18,415,000 | 18,586,000 |