Call reports 2023
FIRST FEDERAL SAVINGS BANK — 2023
What FIRST FEDERAL SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 380,043,000 | 392,631,000 | 389,985,000 | 390,598,000 |
| Total loans | 264,091,000 | 281,221,000 | 288,555,000 | 292,237,000 |
| Allowance for loan losses | 2,840,000 | 2,890,000 | 2,890,000 | 2,915,000 |
| Securities available for sale | 77,714,000 | 76,495,000 | 66,219,000 | 68,316,000 |
| Securities held to maturity | 234,000 | 225,000 | 216,000 | 188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,946,000 | 316,433,000 | 300,620,000 | 305,028,000 |
| Interest-bearing deposits | 303,886,000 | 293,869,000 | 278,989,000 | 283,030,000 |
| Noninterest-bearing deposits | 27,060,000 | 22,564,000 | 21,631,000 | 21,998,000 |
| Equity capital | 40,381,000 | 39,521,000 | 39,649,000 | 41,097,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,298,000 | 6,924,000 | 10,751,000 | 14,775,000 |
| Interest expense | 654,000 | 1,682,000 | 3,086,000 | 4,658,000 |
| Net interest income | 2,644,000 | 5,242,000 | 7,665,000 | 10,117,000 |
| Noninterest income | 356,000 | 696,000 | 1,064,000 | 1,410,000 |
| Noninterest expense | 2,812,000 | 5,536,000 | 8,321,000 | 11,012,000 |
| Provision for loan losses | -17,000 | 19,000 | 7,000 | 18,000 |
| Pretax income | 205,000 | 383,000 | 442,000 | 538,000 |
| Income tax | 38,000 | 58,000 | 62,000 | 66,000 |
| Net income | 167,000 | 325,000 | 380,000 | 472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,092,000 | 42,422,000 | 42,506,000 | 42,864,000 |