Call reports 2023
JACKSON FEDERAL SAVINGS & LOAN ASSOCIATION — 2023
What JACKSON FEDERAL SAVINGS & LOAN ASSOCIATION 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 | 36,140,000 | 35,262,000 | 29,778,000 | 30,328,000 |
| Total loans | 14,951,000 | 14,678,000 | 15,147,000 | 15,002,000 |
| Allowance for loan losses | 223,000 | 149,000 | 149,000 | 142,000 |
| Securities available for sale | 15,571,000 | 15,091,000 | 8,259,000 | 8,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,757,000 | 23,096,000 | 23,064,000 | 23,246,000 |
| Interest-bearing deposits | 22,487,000 | 22,006,000 | 21,971,000 | 22,336,000 |
| Noninterest-bearing deposits | 1,270,000 | 1,090,000 | 1,093,000 | 910,000 |
| Equity capital | 7,091,000 | 6,896,000 | 5,775,000 | 6,175,000 |
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 | 264,000 | 531,000 | 791,000 | 1,036,000 |
| Interest expense | 110,000 | 233,000 | 373,000 | 465,000 |
| Net interest income | 154,000 | 298,000 | 418,000 | 571,000 |
| Noninterest income | 37,000 | 61,000 | 162,000 | 184,000 |
| Noninterest expense | 224,000 | 451,000 | 683,000 | 880,000 |
| Provision for loan losses | 0 | -74,000 | -74,000 | -74,000 |
| Pretax income | -32,000 | -19,000 | -1,639,000 | -1,587,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -32,000 | -19,000 | -1,639,000 | -1,587,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,113,000 | 9,127,000 | 7,507,000 | 7,559,000 |
| Total capital | 9,336,000 | 9,276,000 | 7,656,000 | 7,701,000 |
| Risk-weighted assets | 17,912,000 | 14,925,000 | 13,541,000 | 13,555,000 |