Call reports 2024
FIRST FEDERAL SAVINGS OF MIDDLETOWN — 2024
What FIRST FEDERAL SAVINGS OF MIDDLETOWN 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 | 172,802,000 | 173,198,000 | 176,711,000 | 179,859,000 |
| Total loans | 136,084,000 | 139,839,000 | 146,272,000 | 152,772,000 |
| Allowance for loan losses | 1,376,000 | 1,470,000 | 1,876,000 | 1,987,000 |
| Securities available for sale | 126,000 | 120,000 | 114,000 | 105,000 |
| Securities held to maturity | 9,469,000 | 9,441,000 | 7,914,000 | 5,326,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,550,000 | 104,054,000 | 106,949,000 | 109,696,000 |
| Interest-bearing deposits | 100,776,000 | 100,407,000 | 103,194,000 | 105,851,000 |
| Noninterest-bearing deposits | 3,774,000 | 3,647,000 | 3,755,000 | 3,845,000 |
| Equity capital | 61,667,000 | 62,517,000 | 63,027,000 | 63,508,000 |
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 | 2,526,000 | 5,142,000 | 7,803,000 | 10,462,000 |
| Interest expense | 497,000 | 1,039,000 | 1,604,000 | 2,202,000 |
| Net interest income | 2,029,000 | 4,103,000 | 6,199,000 | 8,260,000 |
| Noninterest income | 66,000 | 104,000 | 144,000 | 230,000 |
| Noninterest expense | 949,000 | 1,866,000 | 2,918,000 | 4,314,000 |
| Provision for loan losses | 70,000 | 163,000 | 570,000 | 681,000 |
| Pretax income | 1,076,000 | 2,178,000 | 2,855,000 | 3,495,000 |
| Income tax | 249,000 | 501,000 | 668,000 | 827,000 |
| Net income | 827,000 | 1,677,000 | 2,187,000 | 2,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,667,000 | 62,517,000 | 63,027,000 | 63,508,000 |