Call reports 2023
FIRST FEDERAL SAVINGS OF MIDDLETOWN — 2023
What FIRST FEDERAL SAVINGS OF MIDDLETOWN 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 | 169,223,000 | 165,531,000 | 167,165,000 | 168,650,000 |
| Total loans | 118,005,000 | 127,209,000 | 124,028,000 | 125,643,000 |
| Allowance for loan losses | 1,279,000 | 1,367,000 | 1,326,000 | 1,306,000 |
| Securities available for sale | 163,000 | 152,000 | 144,000 | 135,000 |
| Securities held to maturity | 21,163,000 | 20,130,000 | 16,096,000 | 12,429,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,272,000 | 99,778,000 | 100,283,000 | 101,371,000 |
| Interest-bearing deposits | 100,267,000 | 97,247,000 | 96,444,000 | 97,367,000 |
| Noninterest-bearing deposits | 4,005,000 | 2,531,000 | 3,839,000 | 4,004,000 |
| Equity capital | 58,598,000 | 59,572,000 | 60,532,000 | 60,840,000 |
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 | 2,231,000 | 4,617,000 | 7,136,000 | 9,573,000 |
| Interest expense | 277,000 | 629,000 | 1,026,000 | 1,466,000 |
| Net interest income | 1,954,000 | 3,988,000 | 6,110,000 | 8,107,000 |
| Noninterest income | 25,000 | 53,000 | 104,000 | 138,000 |
| Noninterest expense | 1,038,000 | 1,747,000 | 2,717,000 | 4,347,000 |
| Provision for loan losses | 67,000 | 155,000 | 114,000 | 94,000 |
| Pretax income | 874,000 | 2,139,000 | 3,383,000 | 3,804,000 |
| Income tax | 211,000 | 502,000 | 786,000 | 899,000 |
| Net income | 663,000 | 1,637,000 | 2,597,000 | 2,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,604,000 | 59,579,000 | 60,538,000 | 60,840,000 |