Call reports 2011
FREEDOM BANK — 2011
What FREEDOM BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 111,877,000 | 108,655,000 | 109,216,000 | 123,083,000 |
| Total loans | 80,765,000 | 78,842,000 | 76,700,000 | 81,224,000 |
| Allowance for loan losses | 1,143,000 | 1,090,000 | 1,187,000 | 1,128,000 |
| Securities available for sale | 21,835,000 | 21,187,000 | 19,379,000 | 30,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,355,000 | 88,749,000 | 89,203,000 | 93,963,000 |
| Interest-bearing deposits | 80,311,000 | 77,958,000 | 76,398,000 | 81,112,000 |
| Noninterest-bearing deposits | 10,044,000 | 10,791,000 | 12,806,000 | 12,851,000 |
| Equity capital | 8,602,000 | 9,070,000 | 13,175,000 | 13,455,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,282,000 | 2,655,000 | 3,970,000 | 5,288,000 |
| Interest expense | 307,000 | 612,000 | 911,000 | 1,183,000 |
| Net interest income | 975,000 | 2,043,000 | 3,059,000 | 4,105,000 |
| Noninterest income | 54,000 | 111,000 | 53,000 | 97,000 |
| Noninterest expense | 744,000 | 1,483,000 | 2,249,000 | 3,009,000 |
| Provision for loan losses | 96,000 | 192,000 | 288,000 | 228,000 |
| Pretax income | 189,000 | 479,000 | 654,000 | 1,158,000 |
| Income tax | 55,000 | 144,000 | 195,000 | 354,000 |
| Net income | 134,000 | 335,000 | 459,000 | 804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,565,000 | 8,765,000 | 12,839,000 | 13,184,000 |
| Total capital | 9,634,000 | 9,798,000 | 13,855,000 | 14,259,000 |
| Risk-weighted assets | 85,442,000 | 82,758,000 | 81,170,000 | 88,188,000 |