Call reports 2023
FIRST FEDERAL COMMUNITY BANK, SSB — 2023
What FIRST FEDERAL COMMUNITY BANK, SSB 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 | 541,477,000 | 547,612,000 | 556,664,000 | 552,138,000 |
| Total loans | 432,570,000 | 438,788,000 | 450,853,000 | 464,742,000 |
| Allowance for loan losses | 5,533,000 | 5,638,000 | 5,632,000 | 5,686,000 |
| Securities available for sale | 30,501,000 | 31,668,000 | 26,510,000 | 24,142,000 |
| Securities held to maturity | 662,000 | 659,000 | 609,000 | 606,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,952,000 | 479,121,000 | 488,144,000 | 482,822,000 |
| Interest-bearing deposits | 420,649,000 | 425,844,000 | 436,243,000 | 435,418,000 |
| Noninterest-bearing deposits | 53,303,000 | 53,277,000 | 51,901,000 | 47,404,000 |
| Equity capital | 60,554,000 | 61,726,000 | 62,399,000 | 64,003,000 |
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 | 5,892,000 | 12,536,000 | 19,181,000 | 26,256,000 |
| Interest expense | 1,454,000 | 3,359,000 | 5,567,000 | 8,105,000 |
| Net interest income | 4,438,000 | 9,177,000 | 13,614,000 | 18,151,000 |
| Noninterest income | 706,000 | 1,420,000 | 2,161,000 | 2,876,000 |
| Noninterest expense | 3,894,000 | 7,567,000 | 11,283,000 | 15,453,000 |
| Provision for loan losses | 58,000 | 58,000 | 58,000 | 161,000 |
| Pretax income | 1,348,000 | 3,119,000 | 4,563,000 | 5,529,000 |
| Income tax | 269,000 | 632,000 | 921,000 | 1,188,000 |
| Net income | 1,079,000 | 2,487,000 | 3,642,000 | 4,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,282,000 | 64,336,000 | 65,490,000 | 66,190,000 |
| Total capital | 68,060,000 | 69,287,000 | 70,542,000 | 71,304,000 |
| Risk-weighted assets | 381,032,000 | 394,949,000 | 403,117,000 | 408,008,000 |