Call reports 2019
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2019
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 184,425,000 | 185,336,000 | 188,202,000 | 189,219,000 |
| Total loans | 158,956,000 | 161,413,000 | 161,736,000 | 164,383,000 |
| Allowance for loan losses | 500,000 | 527,000 | 538,000 | 501,000 |
| Securities available for sale | 2,385,000 | 2,392,000 | 2,898,000 | 2,832,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,941,000 | 117,283,000 | 119,699,000 | 121,092,000 |
| Interest-bearing deposits | 107,204,000 | 107,977,000 | 110,560,000 | 111,550,000 |
| Noninterest-bearing deposits | 9,737,000 | 9,306,000 | 9,139,000 | 9,542,000 |
| Equity capital | 28,907,000 | 29,175,000 | 29,382,000 | 29,079,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,280,000 | 4,555,000 | 6,791,000 | 9,127,000 |
| Interest expense | 414,000 | 836,000 | 1,278,000 | 1,733,000 |
| Net interest income | 1,866,000 | 3,719,000 | 5,513,000 | 7,394,000 |
| Noninterest income | 141,000 | 305,000 | 461,000 | 601,000 |
| Noninterest expense | 1,664,000 | 3,316,000 | 4,970,000 | 7,382,000 |
| Provision for loan losses | 18,000 | 45,000 | 72,000 | 81,000 |
| Pretax income | 325,000 | 663,000 | 932,000 | 532,000 |
| Income tax | 78,000 | 160,000 | 225,000 | 125,000 |
| Net income | 247,000 | 503,000 | 707,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,661,000 | 28,947,000 | 29,331,000 | 28,650,000 |
| Total capital | 29,161,000 | 29,474,000 | 29,869,000 | 29,151,000 |
| Risk-weighted assets | 112,006,000 | 113,254,000 | 115,463,000 | 115,699,000 |