Call reports 2022
FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA — 2022
What FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF VALDOSTA reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 204,717,000 | 200,931,000 | 196,812,000 | 200,083,000 |
| Total loans | 159,012,000 | 161,504,000 | 163,739,000 | 171,566,000 |
| Allowance for loan losses | 649,000 | 709,000 | 735,000 | 747,000 |
| Securities available for sale | 2,993,000 | 7,318,000 | 7,169,000 | 7,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,755,000 | 166,791,000 | 158,152,000 | 157,190,000 |
| Interest-bearing deposits | 145,578,000 | 145,314,000 | 135,981,000 | 135,994,000 |
| Noninterest-bearing deposits | 20,177,000 | 21,477,000 | 22,171,000 | 21,196,000 |
| Equity capital | 29,533,000 | 29,705,000 | 29,959,000 | 29,537,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,008,000 | 4,061,000 | 6,264,000 | 8,544,000 |
| Interest expense | 175,000 | 269,000 | 351,000 | 536,000 |
| Net interest income | 1,833,000 | 3,792,000 | 5,913,000 | 8,008,000 |
| Noninterest income | 277,000 | 459,000 | 648,000 | 828,000 |
| Noninterest expense | 1,747,000 | 3,527,000 | 5,341,000 | 8,138,000 |
| Provision for loan losses | 20,000 | 40,000 | 70,000 | 100,000 |
| Pretax income | 343,000 | 684,000 | 1,150,000 | 598,000 |
| Income tax | 85,000 | 170,000 | 287,000 | 137,000 |
| Net income | 258,000 | 514,000 | 863,000 | 461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,043,000 | 29,291,000 | 29,658,000 | 29,134,000 |