Call reports 2024
FIRST FEDERAL COMMUNITY BANK, SSB — 2024
What FIRST FEDERAL COMMUNITY BANK, SSB 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 | 559,632,000 | 558,830,000 | 563,155,000 | 560,816,000 |
| Total loans | 464,197,000 | 462,285,000 | 459,352,000 | 468,824,000 |
| Allowance for loan losses | 5,760,000 | 5,771,000 | 5,765,000 | 5,790,000 |
| Securities available for sale | 22,288,000 | 22,021,000 | 22,220,000 | 20,995,000 |
| Securities held to maturity | 602,000 | 600,000 | 551,000 | 551,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 490,803,000 | 487,819,000 | 490,332,000 | 488,398,000 |
| Interest-bearing deposits | 445,619,000 | 440,760,000 | 441,182,000 | 438,787,000 |
| Noninterest-bearing deposits | 45,184,000 | 47,059,000 | 49,150,000 | 49,611,000 |
| Equity capital | 64,747,000 | 66,161,000 | 68,044,000 | 68,661,000 |
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 | 7,174,000 | 14,460,000 | 21,996,000 | 29,711,000 |
| Interest expense | 2,670,000 | 5,443,000 | 8,300,000 | 11,187,000 |
| Net interest income | 4,504,000 | 9,017,000 | 13,696,000 | 18,524,000 |
| Noninterest income | 704,000 | 1,419,000 | 2,189,000 | 2,950,000 |
| Noninterest expense | 3,814,000 | 7,542,000 | 11,370,000 | 15,434,000 |
| Provision for loan losses | 132,000 | 132,000 | 132,000 | 132,000 |
| Pretax income | 1,300,000 | 2,797,000 | 4,415,000 | 5,917,000 |
| Income tax | 258,000 | 558,000 | 885,000 | 1,203,000 |
| Net income | 1,042,000 | 2,239,000 | 3,530,000 | 4,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,217,000 | 68,429,000 | 69,719,000 | 70,905,000 |
| Total capital | 72,351,000 | 73,534,000 | 74,769,000 | 76,096,000 |
| Risk-weighted assets | 409,657,000 | 407,290,000 | 402,769,000 | 414,147,000 |