Call reports 2018
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2018
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 177,565,000 | 181,325,000 | 183,388,000 | 180,395,000 |
| Total loans | 147,174,000 | 151,613,000 | 155,427,000 | 156,691,000 |
| Allowance for loan losses | 549,000 | 569,000 | 575,000 | 567,000 |
| Securities available for sale | 2,452,000 | 2,407,000 | 2,382,000 | 2,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,846,000 | 119,109,000 | 120,684,000 | 114,909,000 |
| Interest-bearing deposits | 112,351,000 | 110,144,000 | 111,199,000 | 106,259,000 |
| Noninterest-bearing deposits | 8,495,000 | 8,965,000 | 9,485,000 | 8,650,000 |
| Equity capital | 28,453,000 | 28,609,000 | 28,862,000 | 28,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,927,000 | 3,854,000 | 5,955,000 | 8,148,000 |
| Interest expense | 247,000 | 545,000 | 897,000 | 1,277,000 |
| Net interest income | 1,680,000 | 3,309,000 | 5,058,000 | 6,871,000 |
| Noninterest income | 152,000 | 302,000 | 580,000 | 681,000 |
| Noninterest expense | 1,561,000 | 3,123,000 | 4,853,000 | 7,099,000 |
| Provision for loan losses | 20,000 | 40,000 | 60,000 | 70,000 |
| Pretax income | 250,000 | 447,000 | 724,000 | 382,000 |
| Income tax | 59,000 | 106,000 | 140,000 | 31,000 |
| Net income | 191,000 | 341,000 | 584,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,316,000 | 28,427,000 | 28,620,000 | 28,218,000 |
| Total capital | 28,865,000 | 28,996,000 | 29,195,000 | 28,785,000 |
| Risk-weighted assets | 106,272,000 | 110,180,000 | 110,975,000 | 111,499,000 |