Call reports 2024
FIRST FEDERAL SAVINGS AND LOAN BANK — 2024
What FIRST FEDERAL SAVINGS AND LOAN 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 | 108,518,000 | 110,840,000 | 111,619,000 | 113,991,000 |
| Total loans | 95,506,000 | 95,897,000 | 96,241,000 | 99,260,000 |
| Allowance for loan losses | 961,000 | 961,000 | 961,000 | 1,011,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,228,000 | 90,876,000 | 92,382,000 | 95,377,000 |
| Interest-bearing deposits | 86,890,000 | 89,648,000 | 90,461,000 | 94,610,000 |
| Noninterest-bearing deposits | 1,338,000 | 1,228,000 | 1,921,000 | 767,000 |
| Equity capital | 14,317,000 | 14,417,000 | 13,542,000 | 13,417,000 |
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 | 2,096,000 | 4,319,000 | 6,543,000 | 8,815,000 |
| Interest expense | 850,000 | 1,715,000 | 2,604,000 | 3,547,000 |
| Net interest income | 1,246,000 | 2,604,000 | 3,939,000 | 5,268,000 |
| Noninterest income | 2,000 | 4,000 | 6,000 | 8,000 |
| Noninterest expense | 238,000 | 515,000 | 700,000 | 953,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 75,000 |
| Pretax income | 985,000 | 2,068,000 | 3,220,000 | 4,248,000 |
| Income tax | 39,000 | 67,000 | 94,000 | 121,000 |
| Net income | 946,000 | 2,001,000 | 3,126,000 | 4,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,317,000 | 14,417,000 | 13,542,000 | 13,417,000 |