Call reports 2021
LADYSMITH FEDERAL SAVINGS & LOAN ASSOCIATION — 2021
What LADYSMITH FEDERAL SAVINGS & LOAN ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 76,973,000 | 79,220,000 | 79,638,000 | 74,546,000 |
| Total loans | 49,348,000 | 51,198,000 | 49,653,000 | 50,514,000 |
| Allowance for loan losses | 440,000 | 450,000 | 440,000 | 428,000 |
| Securities available for sale | 10,415,000 | 17,302,000 | 20,531,000 | 15,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,859,000 | 66,158,000 | 67,243,000 | 67,403,000 |
| Interest-bearing deposits | 55,340,000 | 56,997,000 | 58,183,000 | 57,819,000 |
| Noninterest-bearing deposits | 9,519,000 | 9,161,000 | 9,060,000 | 9,584,000 |
| Equity capital | 6,648,000 | 6,881,000 | 6,780,000 | 6,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 650,000 | 1,340,000 | 1,927,000 | 2,510,000 |
| Interest expense | 138,000 | 283,000 | 426,000 | 585,000 |
| Net interest income | 512,000 | 1,057,000 | 1,501,000 | 1,925,000 |
| Noninterest income | 136,000 | 237,000 | 355,000 | 491,000 |
| Noninterest expense | 436,000 | 834,000 | 1,252,000 | 1,668,000 |
| Provision for loan losses | 10,000 | 20,000 | 30,000 | 40,000 |
| Pretax income | 202,000 | 440,000 | 574,000 | 662,000 |
| Income tax | 47,000 | 99,000 | 132,000 | 156,000 |
| Net income | 155,000 | 341,000 | 442,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,473,000 | 6,659,000 | 6,706,000 | 6,769,000 |
| Total capital | 6,913,000 | 7,109,000 | 7,146,000 | 7,197,000 |
| Risk-weighted assets | 37,748,000 | 39,297,000 | 38,765,000 | 37,852,000 |