Call reports 2012
FREEDOM BANK — 2012
What FREEDOM BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 125,345,000 | 130,490,000 | 133,998,000 | 151,796,000 |
| Total loans | 78,228,000 | 84,791,000 | 87,579,000 | 89,421,000 |
| Allowance for loan losses | 1,158,000 | 1,158,000 | 1,158,000 | 1,157,000 |
| Securities available for sale | 35,187,000 | 33,255,000 | 33,576,000 | 50,133,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,413,000 | 107,533,000 | 102,514,000 | 120,929,000 |
| Interest-bearing deposits | 84,491,000 | 87,477,000 | 85,115,000 | 103,393,000 |
| Noninterest-bearing deposits | 14,922,000 | 20,056,000 | 17,399,000 | 17,536,000 |
| Equity capital | 13,630,000 | 14,210,000 | 14,643,000 | 14,834,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,394,000 | 2,785,000 | 4,241,000 | 5,725,000 |
| Interest expense | 268,000 | 510,000 | 744,000 | 933,000 |
| Net interest income | 1,126,000 | 2,275,000 | 3,497,000 | 4,792,000 |
| Noninterest income | 65,000 | 160,000 | 153,000 | 182,000 |
| Noninterest expense | 821,000 | 1,628,000 | 2,343,000 | 3,285,000 |
| Provision for loan losses | 30,000 | -120,000 | -120,000 | -25,000 |
| Pretax income | 340,000 | 981,000 | 1,481,000 | 1,768,000 |
| Income tax | 120,000 | 345,000 | 519,000 | 616,000 |
| Net income | 220,000 | 636,000 | 962,000 | 1,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,404,000 | 13,820,000 | 14,145,000 | 14,336,000 |
| Total capital | 14,496,000 | 14,978,000 | 15,303,000 | 15,493,000 |
| Risk-weighted assets | 87,910,000 | 93,318,000 | 96,247,000 | 100,194,000 |