Call reports 2020
FIRST FEDERAL SAVINGS OF MIDDLETOWN — 2020
What FIRST FEDERAL SAVINGS OF MIDDLETOWN 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 | 151,963,000 | 154,782,000 | 162,861,000 | 164,011,000 |
| Total loans | 64,861,000 | 62,811,000 | 69,486,000 | 70,995,000 |
| Allowance for loan losses | 673,000 | 785,000 | 847,000 | 871,000 |
| Securities available for sale | 3,063,000 | 3,071,000 | 2,036,000 | 1,995,000 |
| Securities held to maturity | 36,746,000 | 36,646,000 | 31,549,000 | 31,456,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,377,000 | 89,718,000 | 97,639,000 | 99,390,000 |
| Interest-bearing deposits | 85,084,000 | 86,948,000 | 95,347,000 | 96,730,000 |
| Noninterest-bearing deposits | 2,293,000 | 2,770,000 | 2,292,000 | 2,660,000 |
| Equity capital | 54,945,000 | 55,335,000 | 55,497,000 | 55,587,000 |
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 | 1,343,000 | 2,736,000 | 4,044,000 | 5,247,000 |
| Interest expense | 220,000 | 432,000 | 656,000 | 864,000 |
| Net interest income | 1,123,000 | 2,304,000 | 3,388,000 | 4,383,000 |
| Noninterest income | 6,000 | 10,000 | 17,000 | 29,000 |
| Noninterest expense | 852,000 | 1,595,000 | 2,404,000 | 3,162,000 |
| Provision for loan losses | 98,000 | 210,000 | 272,000 | 296,000 |
| Pretax income | 179,000 | 509,000 | 729,000 | 954,000 |
| Income tax | 37,000 | 11,000 | 65,000 | 195,000 |
| Net income | 142,000 | 498,000 | 664,000 | 759,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,950,000 | 55,307,000 | 55,451,000 | 55,551,000 |
| Total capital | 55,623,000 | — | — | — |
| Risk-weighted assets | 91,261,000 | — | — | — |