Call reports 2022
FIRST FEDERAL BANK — 2022
What FIRST FEDERAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 226,178,000 | 231,543,000 | 241,473,000 | 254,944,000 |
| Total loans | 143,324,000 | 155,770,000 | 168,072,000 | 182,495,000 |
| Allowance for loan losses | 1,836,000 | 1,836,000 | 1,836,000 | 2,011,000 |
| Securities available for sale | 63,656,000 | 57,879,000 | 53,504,000 | 52,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,653,000 | 210,128,000 | 224,355,000 | 228,902,000 |
| Interest-bearing deposits | 158,771,000 | 157,546,000 | 168,527,000 | 175,403,000 |
| Noninterest-bearing deposits | 47,882,000 | 52,582,000 | 55,828,000 | 53,499,000 |
| Equity capital | 18,874,000 | 14,783,000 | 12,896,000 | 13,427,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,928,000 | 3,912,000 | 6,130,000 | 8,518,000 |
| Interest expense | 92,000 | 182,000 | 322,000 | 611,000 |
| Net interest income | 1,836,000 | 3,730,000 | 5,808,000 | 7,907,000 |
| Noninterest income | 210,000 | 454,000 | 689,000 | 928,000 |
| Noninterest expense | 1,801,000 | 3,746,000 | 5,613,000 | 7,479,000 |
| Provision for loan losses | 0 | 0 | 0 | 176,000 |
| Pretax income | 245,000 | 438,000 | 884,000 | 1,180,000 |
| Income tax | 66,000 | -1,000 | 119,000 | 199,000 |
| Net income | 179,000 | 439,000 | 765,000 | 981,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,851,000 | 23,031,000 | 23,357,000 | 23,573,000 |
| Total capital | 24,508,000 | 24,799,000 | 25,193,000 | 25,559,000 |
| Risk-weighted assets | 132,413,000 | 141,380,000 | 150,336,000 | 158,928,000 |