Call reports 2024
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What FIRST FEDERAL SAVINGS AND LOAN 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 | 88,549,000 | 89,833,000 | 88,683,000 | 87,874,000 |
| Total loans | 80,205,000 | 81,577,000 | 80,780,000 | 79,943,000 |
| Allowance for loan losses | 490,000 | 499,000 | 499,000 | 499,000 |
| Securities available for sale | 3,577,000 | 3,374,000 | 3,294,000 | 3,025,000 |
| Securities held to maturity | 69,000 | 68,000 | 67,000 | 65,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,434,000 | 54,352,000 | 55,072,000 | 55,251,000 |
| Interest-bearing deposits | 47,434,000 | 54,352,000 | 55,072,000 | 55,251,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 18,057,000 | 18,042,000 | 18,184,000 | 18,176,000 |
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 | 951,000 | 1,913,000 | 2,954,000 | 3,989,000 |
| Interest expense | 577,000 | 1,177,000 | 1,799,000 | 2,385,000 |
| Net interest income | 374,000 | 736,000 | 1,155,000 | 1,604,000 |
| Noninterest income | 0 | -5,000 | -4,000 | 1,000 |
| Noninterest expense | 385,000 | 768,000 | 1,119,000 | 1,506,000 |
| Provision for loan losses | -11,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 0 | -52,000 | 17,000 | 84,000 |
| Income tax | 5,000 | -8,000 | 9,000 | 26,000 |
| Net income | -5,000 | -44,000 | 8,000 | 58,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,233,000 | 18,194,000 | 18,247,000 | 18,297,000 |