Call reports 2023
IRON WORKERS SAVINGS BANK — 2023
What IRON WORKERS SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 210,292,000 | 209,397,000 | 206,256,000 | 210,781,000 |
| Total loans | 162,360,000 | 161,175,000 | 161,844,000 | 165,160,000 |
| Allowance for loan losses | 986,000 | 986,000 | 986,000 | 941,000 |
| Securities available for sale | 28,453,000 | 27,843,000 | 26,580,000 | 27,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,973,000 | 169,311,000 | 164,899,000 | 169,239,000 |
| Interest-bearing deposits | 145,841,000 | 140,550,000 | 139,074,000 | 142,821,000 |
| Noninterest-bearing deposits | 30,132,000 | 28,761,000 | 25,825,000 | 26,418,000 |
| Equity capital | 15,035,000 | 14,906,000 | 14,165,000 | 15,336,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,953,000 | 3,930,000 | 5,921,000 | 7,997,000 |
| Interest expense | 462,000 | 1,064,000 | 1,809,000 | 2,716,000 |
| Net interest income | 1,491,000 | 2,866,000 | 4,112,000 | 5,281,000 |
| Noninterest income | 60,000 | 127,000 | 189,000 | 252,000 |
| Noninterest expense | 1,350,000 | 2,718,000 | 4,083,000 | 5,386,000 |
| Provision for loan losses | 0 | 0 | 0 | -44,000 |
| Pretax income | 201,000 | 274,000 | 217,000 | 190,000 |
| Income tax | 48,000 | 61,000 | 39,000 | 23,000 |
| Net income | 153,000 | 213,000 | 178,000 | 167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,235,000 | 19,295,000 | 19,261,000 | 19,250,000 |
| Total capital | 20,221,000 | 20,281,000 | 20,247,000 | 20,191,000 |
| Risk-weighted assets | 135,336,000 | 134,536,000 | 135,679,000 | 137,310,000 |