Call reports 2013
FREEDOM BANK — 2013
What FREEDOM BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 152,612,000 | 153,266,000 | 149,277,000 | 147,092,000 |
| Total loans | 94,277,000 | 96,057,000 | 92,141,000 | 92,876,000 |
| Allowance for loan losses | 1,055,000 | 1,155,000 | 1,264,000 | 1,404,000 |
| Securities available for sale | 47,136,000 | 21,406,000 | 20,447,000 | 16,433,000 |
| Securities held to maturity | 0 | 24,074,000 | 24,071,000 | 24,011,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,009,000 | 127,830,000 | 124,030,000 | 122,332,000 |
| Interest-bearing deposits | 101,861,000 | 109,308,000 | 104,394,000 | 100,090,000 |
| Noninterest-bearing deposits | 19,148,000 | 18,522,000 | 19,636,000 | 22,242,000 |
| Equity capital | 14,980,000 | 14,830,000 | 15,158,000 | 15,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,475,000 | 2,944,000 | 4,530,000 | 6,110,000 |
| Interest expense | 173,000 | 339,000 | 501,000 | 662,000 |
| Net interest income | 1,302,000 | 2,605,000 | 4,029,000 | 5,448,000 |
| Noninterest income | 110,000 | 217,000 | 311,000 | 375,000 |
| Noninterest expense | 888,000 | 1,777,000 | 2,640,000 | 3,315,000 |
| Provision for loan losses | 63,000 | 161,000 | 269,000 | 407,000 |
| Pretax income | 463,000 | 982,000 | 1,529,000 | 2,309,000 |
| Income tax | 147,000 | 314,000 | 477,000 | 744,000 |
| Net income | 316,000 | 668,000 | 1,052,000 | 1,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,652,000 | 14,993,000 | 15,378,000 | 16,078,000 |
| Total capital | 15,707,000 | 16,148,000 | 16,642,000 | 17,380,000 |
| Risk-weighted assets | 104,240,000 | 106,026,000 | 102,360,000 | 104,898,000 |