Call reports 2021
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2021
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 220,048,000 | 221,241,000 | 214,818,000 | 222,134,000 |
| Total loans | 154,132,000 | 157,906,000 | 160,047,000 | 157,859,000 |
| Allowance for loan losses | 559,000 | 590,000 | 621,000 | 630,000 |
| Securities available for sale | 3,182,000 | 3,198,000 | 3,179,000 | 3,151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,251,000 | 150,173,000 | 150,476,000 | 157,735,000 |
| Interest-bearing deposits | 131,404,000 | 130,857,000 | 132,307,000 | 138,555,000 |
| Noninterest-bearing deposits | 17,847,000 | 19,316,000 | 18,169,000 | 19,180,000 |
| Equity capital | 29,319,000 | 29,482,000 | 29,668,000 | 29,380,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,039,000 | 4,019,000 | 6,072,000 | 8,070,000 |
| Interest expense | 303,000 | 587,000 | 848,000 | 1,090,000 |
| Net interest income | 1,736,000 | 3,432,000 | 5,224,000 | 6,980,000 |
| Noninterest income | 171,000 | 361,000 | 558,000 | 769,000 |
| Noninterest expense | 1,690,000 | 3,372,000 | 5,075,000 | 7,400,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 110,000 |
| Pretax income | 187,000 | 361,000 | 617,000 | 239,000 |
| Income tax | 41,000 | 76,000 | 138,000 | 35,000 |
| Net income | 146,000 | 285,000 | 479,000 | 204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,101,000 | 29,214,000 | 29,421,000 | 29,011,000 |