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 | 646,856,000 | 651,178,000 | 668,044,000 | 663,957,000 |
| Total loans | 545,709,000 | 557,056,000 | 566,331,000 | 568,923,000 |
| Allowance for loan losses | 5,965,000 | 6,088,000 | 6,210,000 | 5,816,000 |
| Securities available for sale | 26,213,000 | 26,068,000 | 22,512,000 | 21,692,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 521,313,000 | 493,944,000 | 528,812,000 | 529,655,000 |
| Interest-bearing deposits | 443,972,000 | 430,577,000 | 461,220,000 | 466,677,000 |
| Noninterest-bearing deposits | 77,341,000 | 63,367,000 | 67,592,000 | 62,978,000 |
| Equity capital | 54,313,000 | 54,723,000 | 55,951,000 | 56,733,000 |
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 | 7,457,000 | 15,288,000 | 23,447,000 | 31,890,000 |
| Interest expense | 3,735,000 | 7,715,000 | 11,980,000 | 16,025,000 |
| Net interest income | 3,722,000 | 7,573,000 | 11,467,000 | 15,865,000 |
| Noninterest income | 1,595,000 | 3,732,000 | 6,149,000 | 8,275,000 |
| Noninterest expense | 4,952,000 | 10,021,000 | 15,207,000 | 20,628,000 |
| Provision for loan losses | 153,000 | 475,000 | 600,000 | 209,000 |
| Pretax income | 212,000 | 809,000 | 1,809,000 | 3,303,000 |
| Income tax | -88,000 | -36,000 | 246,000 | 370,000 |
| Net income | 300,000 | 845,000 | 1,563,000 | 2,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,262,000 | 56,547,000 | 57,525,000 | 58,895,000 |
| Total capital | 61,792,000 | 61,846,000 | 62,914,000 | 64,349,000 |
| Risk-weighted assets | 441,991,000 | 423,195,000 | 430,362,000 | 435,986,000 |