Call reports 2020
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2020
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 194,898,000 | 206,331,000 | 210,011,000 | 212,168,000 |
| Total loans | 165,212,000 | 161,650,000 | 160,427,000 | 155,213,000 |
| Allowance for loan losses | 539,000 | 569,000 | 601,000 | 525,000 |
| Securities available for sale | 2,451,000 | 1,741,000 | 2,301,000 | 3,099,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,877,000 | 134,866,000 | 137,980,000 | 140,599,000 |
| Interest-bearing deposits | 113,902,000 | 124,248,000 | 126,239,000 | 127,236,000 |
| Noninterest-bearing deposits | 9,975,000 | 10,618,000 | 11,741,000 | 13,363,000 |
| Equity capital | 29,276,000 | 29,449,000 | 29,623,000 | 29,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,248,000 | 4,434,000 | 6,597,000 | 8,628,000 |
| Interest expense | 467,000 | 918,000 | 1,339,000 | 1,701,000 |
| Net interest income | 1,781,000 | 3,516,000 | 5,258,000 | 6,927,000 |
| Noninterest income | 168,000 | 316,000 | 505,000 | 703,000 |
| Noninterest expense | 1,696,000 | 3,355,000 | 5,058,000 | 7,464,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 100,000 |
| Pretax income | 224,000 | 418,000 | 616,000 | 67,000 |
| Income tax | 58,000 | 100,000 | 143,000 | 0 |
| Net income | 166,000 | 318,000 | 473,000 | 67,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,242,000 | 29,371,000 | 29,462,000 | 28,846,000 |
| Total capital | 29,781,000 | — | 30,063,000 | — |
| Risk-weighted assets | 116,769,000 | — | 118,690,000 | — |