Call reports 2020
FIRST FEDERAL BANK — 2020
What FIRST FEDERAL BANK 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 | 187,117,000 | 197,563,000 | 204,531,000 | 205,971,000 |
| Total loans | 139,543,000 | 144,161,000 | 142,409,000 | 140,162,000 |
| Allowance for loan losses | 1,836,000 | 1,835,000 | 1,835,000 | 1,836,000 |
| Securities available for sale | 29,784,000 | 30,062,000 | 43,674,000 | 47,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,664,000 | 173,053,000 | 179,785,000 | 174,410,000 |
| Interest-bearing deposits | 135,960,000 | 137,171,000 | 142,610,000 | 135,133,000 |
| Noninterest-bearing deposits | 27,704,000 | 35,882,000 | 37,175,000 | 39,277,000 |
| Equity capital | 20,930,000 | 21,484,000 | 21,667,000 | 21,840,000 |
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 | 1,975,000 | 3,961,000 | 6,053,000 | 8,056,000 |
| Interest expense | 311,000 | 569,000 | 765,000 | 919,000 |
| Net interest income | 1,664,000 | 3,392,000 | 5,288,000 | 7,137,000 |
| Noninterest income | 177,000 | 263,000 | 468,000 | 674,000 |
| Noninterest expense | 1,767,000 | 3,554,000 | 5,378,000 | 7,304,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 337,000 | 434,000 | 711,000 | 840,000 |
| Income tax | 91,000 | 83,000 | 158,000 | 193,000 |
| Net income | 246,000 | 351,000 | 553,000 | 647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,530,000 | 21,651,000 | 21,854,000 | 21,948,000 |
| Total capital | 23,023,000 | 23,118,000 | 23,332,000 | 23,437,000 |
| Risk-weighted assets | 119,171,000 | 117,037,000 | 117,940,000 | 118,814,000 |