Call reports 2021
FIRST FEDERAL BANK — 2021
What FIRST FEDERAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 209,445,000 | 210,457,000 | 217,613,000 | 221,473,000 |
| Total loans | 130,936,000 | 129,640,000 | 141,021,000 | 141,622,000 |
| Allowance for loan losses | 1,836,000 | 1,836,000 | 1,836,000 | 1,836,000 |
| Securities available for sale | 44,478,000 | 57,639,000 | 57,327,000 | 57,719,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,181,000 | 188,051,000 | 194,776,000 | 198,677,000 |
| Interest-bearing deposits | 141,132,000 | 145,098,000 | 150,797,000 | 156,855,000 |
| Noninterest-bearing deposits | 44,049,000 | 42,953,000 | 43,979,000 | 41,822,000 |
| Equity capital | 21,232,000 | 22,095,000 | 22,247,000 | 22,206,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,844,000 | 3,642,000 | 5,570,000 | 7,555,000 |
| Interest expense | 120,000 | 230,000 | 333,000 | 434,000 |
| Net interest income | 1,724,000 | 3,412,000 | 5,237,000 | 7,121,000 |
| Noninterest income | 194,000 | 406,000 | 620,000 | 839,000 |
| Noninterest expense | 1,868,000 | 3,695,000 | 5,463,000 | 7,226,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 50,000 | 123,000 | 394,000 | 734,000 |
| Income tax | 13,000 | -130,000 | -57,000 | 35,000 |
| Net income | 37,000 | 253,000 | 451,000 | 699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,984,000 | 22,226,000 | 22,424,000 | 22,672,000 |
| Total capital | 23,428,000 | 23,695,000 | 24,016,000 | 24,281,000 |
| Risk-weighted assets | 115,171,000 | 117,226,000 | 127,152,000 | 128,513,000 |