Call reports 2017
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2017
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 171,248,000 | 172,146,000 | 169,091,000 | 173,195,000 |
| Total loans | 138,752,000 | 142,705,000 | 143,308,000 | 146,401,000 |
| Allowance for loan losses | 524,000 | 500,000 | 513,000 | 530,000 |
| Securities available for sale | 2,999,000 | 2,141,000 | 2,503,000 | 2,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,564,000 | 119,144,000 | 118,733,000 | 118,336,000 |
| Interest-bearing deposits | 111,086,000 | 111,551,000 | 111,023,000 | 110,434,000 |
| Noninterest-bearing deposits | 7,478,000 | 7,593,000 | 7,710,000 | 7,902,000 |
| Equity capital | 28,542,000 | 28,643,000 | 28,793,000 | 28,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,754,000 | 3,563,000 | 5,400,000 | 7,283,000 |
| Interest expense | 208,000 | 420,000 | 636,000 | 856,000 |
| Net interest income | 1,546,000 | 3,143,000 | 4,764,000 | 6,427,000 |
| Noninterest income | 147,000 | 279,000 | 421,000 | 541,000 |
| Noninterest expense | 1,522,000 | 3,090,000 | 4,660,000 | 6,564,000 |
| Provision for loan losses | 30,000 | 40,000 | 52,000 | 62,000 |
| Pretax income | 141,000 | 293,000 | 474,000 | 343,000 |
| Income tax | 46,000 | 95,000 | 120,000 | 485,000 |
| Net income | 95,000 | 198,000 | 354,000 | -142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,018,000 | 28,076,000 | 28,181,000 | 27,924,000 |
| Total capital | 28,542,000 | 28,576,000 | 28,694,000 | 28,454,000 |
| Risk-weighted assets | 101,982,000 | 105,510,000 | 103,632,000 | 107,023,000 |