Call reports 2024
FIRST FEDERAL SAVINGS BANK — 2024
What FIRST FEDERAL SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 400,856,000 | 397,987,000 | 396,500,000 | 414,443,000 |
| Total loans | 296,928,000 | 298,436,000 | 296,899,000 | 292,572,000 |
| Allowance for loan losses | 2,844,000 | 2,891,000 | 2,907,000 | 3,092,000 |
| Securities available for sale | 69,849,000 | 64,732,000 | 70,124,000 | 73,017,000 |
| Securities held to maturity | 179,000 | 174,000 | 165,000 | 161,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,673,000 | 309,588,000 | 301,609,000 | 321,011,000 |
| Interest-bearing deposits | 286,084,000 | 283,169,000 | 279,682,000 | 297,405,000 |
| Noninterest-bearing deposits | 26,589,000 | 26,419,000 | 21,927,000 | 23,606,000 |
| Equity capital | 41,016,000 | 41,215,000 | 42,642,000 | 42,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,055,000 | 8,297,000 | 12,600,000 | 16,976,000 |
| Interest expense | 1,699,000 | 3,509,000 | 5,426,000 | 7,397,000 |
| Net interest income | 2,356,000 | 4,788,000 | 7,174,000 | 9,579,000 |
| Noninterest income | 357,000 | 708,000 | 1,109,000 | 1,488,000 |
| Noninterest expense | 2,773,000 | 5,516,000 | 8,244,000 | 11,093,000 |
| Provision for loan losses | 0 | 0 | 0 | 145,000 |
| Pretax income | -60,000 | -20,000 | 39,000 | -171,000 |
| Income tax | -64,000 | -64,000 | -64,000 | -180,000 |
| Net income | 4,000 | 44,000 | 103,000 | 9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,706,000 | 42,809,000 | 43,443,000 | 43,118,000 |