Call reports 2016
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2016
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 165,486,000 | 165,902,000 | 167,990,000 | 168,800,000 |
| Total loans | 137,006,000 | 137,377,000 | 138,908,000 | 138,782,000 |
| Allowance for loan losses | 506,000 | 528,000 | 532,000 | 501,000 |
| Securities available for sale | 3,577,000 | 2,828,000 | 2,737,000 | 3,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,223,000 | 113,262,000 | 115,082,000 | 116,032,000 |
| Interest-bearing deposits | 107,084,000 | 107,552,000 | 108,273,000 | 109,461,000 |
| Noninterest-bearing deposits | 6,139,000 | 5,710,000 | 6,809,000 | 6,571,000 |
| Equity capital | 28,317,000 | 28,428,000 | 28,533,000 | 28,439,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,754,000 | 3,486,000 | 5,223,000 | 6,996,000 |
| Interest expense | 234,000 | 451,000 | 659,000 | 870,000 |
| Net interest income | 1,520,000 | 3,035,000 | 4,564,000 | 6,126,000 |
| Noninterest income | 160,000 | 321,000 | 400,000 | 516,000 |
| Noninterest expense | 1,473,000 | 2,968,000 | 4,407,000 | 6,188,000 |
| Provision for loan losses | 18,000 | 36,000 | 42,000 | 68,000 |
| Pretax income | 193,000 | 359,000 | 522,000 | 393,000 |
| Income tax | 67,000 | 123,000 | 178,000 | 109,000 |
| Net income | 126,000 | 236,000 | 344,000 | 284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,617,000 | 27,744,000 | 27,834,000 | 27,636,000 |
| Total capital | 28,123,000 | 28,272,000 | 28,366,000 | 28,137,000 |
| Risk-weighted assets | 104,353,000 | 104,262,000 | 104,506,000 | 100,375,000 |