Call reports 2020
LADYSMITH FEDERAL SAVINGS & LOAN ASSOCIATION — 2020
What LADYSMITH FEDERAL SAVINGS & LOAN ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 57,071,000 | 66,472,000 | 69,342,000 | 73,512,000 |
| Total loans | 41,845,000 | 45,770,000 | 49,950,000 | 49,912,000 |
| Allowance for loan losses | 258,000 | 398,000 | 402,000 | 430,000 |
| Securities available for sale | 5,067,000 | 7,829,000 | 10,381,000 | 11,141,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,519,000 | 55,551,000 | 57,539,000 | 59,793,000 |
| Interest-bearing deposits | 44,786,000 | 47,936,000 | 49,536,000 | 51,071,000 |
| Noninterest-bearing deposits | 5,733,000 | 7,615,000 | 8,003,000 | 8,722,000 |
| Equity capital | 6,140,000 | 6,373,000 | 6,515,000 | 6,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 579,000 | 1,264,000 | 1,933,000 | 2,522,000 |
| Interest expense | 166,000 | 323,000 | 484,000 | 631,000 |
| Net interest income | 413,000 | 941,000 | 1,449,000 | 1,891,000 |
| Noninterest income | 55,000 | 249,000 | 347,000 | 484,000 |
| Noninterest expense | 415,000 | 823,000 | 1,266,000 | 1,689,000 |
| Provision for loan losses | 0 | 150,000 | 170,000 | 198,000 |
| Pretax income | 53,000 | 217,000 | 360,000 | 488,000 |
| Income tax | 7,000 | 45,000 | 74,000 | 96,000 |
| Net income | 46,000 | 172,000 | 286,000 | 392,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,964,000 | 6,084,000 | 6,212,000 | 6,318,000 |
| Total capital | 6,222,000 | — | 6,614,000 | 6,748,000 |
| Risk-weighted assets | 30,392,000 | — | 36,297,000 | 38,103,000 |