Call reports 2023
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What FIRST FEDERAL SAVINGS AND LOAN 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 | 89,350,000 | 89,077,000 | 88,869,000 | 88,321,000 |
| Total loans | 82,141,000 | 81,538,000 | 81,007,000 | 81,038,000 |
| Allowance for loan losses | 542,000 | 542,000 | 518,000 | 501,000 |
| Securities available for sale | 4,473,000 | 4,222,000 | 3,922,000 | 3,820,000 |
| Securities held to maturity | 84,000 | 80,000 | 76,000 | 71,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,386,000 | 45,481,000 | 57,565,000 | 56,621,000 |
| Interest-bearing deposits | 45,386,000 | 45,481,000 | 57,565,000 | 56,621,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 17,994,000 | 18,043,000 | 18,022,000 | 18,082,000 |
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 | 814,000 | 1,711,000 | 2,635,000 | 3,552,000 |
| Interest expense | 332,000 | 811,000 | 1,350,000 | 1,911,000 |
| Net interest income | 482,000 | 900,000 | 1,285,000 | 1,641,000 |
| Noninterest income | 0 | 0 | 1,000 | 1,000 |
| Noninterest expense | 325,000 | 656,000 | 1,011,000 | 1,406,000 |
| Provision for loan losses | 0 | 0 | -9,000 | -26,000 |
| Pretax income | 157,000 | 244,000 | 284,000 | 262,000 |
| Income tax | 39,000 | 61,000 | 79,000 | 72,000 |
| Net income | 118,000 | 183,000 | 205,000 | 190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,155,000 | 18,220,000 | 18,254,000 | 18,239,000 |