Call reports 2009
FREEDOM BANK — 2009
What FREEDOM BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 248,816,000 | 239,892,000 | 240,608,000 | 250,734,000 |
| Total loans | 224,049,000 | 221,919,000 | 225,667,000 | 234,352,000 |
| Allowance for loan losses | 3,057,000 | 3,374,000 | 3,554,000 | 3,704,000 |
| Securities available for sale | 0 | 610,000 | 579,000 | 546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 216,669,000 | 209,023,000 | 212,971,000 | 219,559,000 |
| Interest-bearing deposits | 190,498,000 | 184,483,000 | 187,842,000 | 192,126,000 |
| Noninterest-bearing deposits | 26,171,000 | 24,540,000 | 25,129,000 | 27,433,000 |
| Equity capital | 21,534,000 | 22,067,000 | 22,551,000 | 22,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,393,000 | 6,770,000 | 10,134,000 | 13,549,000 |
| Interest expense | 1,360,000 | 2,620,000 | 3,837,000 | 4,878,000 |
| Net interest income | 2,033,000 | 4,150,000 | 6,297,000 | 8,671,000 |
| Noninterest income | 478,000 | 903,000 | 1,219,000 | 1,541,000 |
| Noninterest expense | 1,130,000 | 2,396,000 | 3,611,000 | 4,897,000 |
| Provision for loan losses | 325,000 | 700,000 | 1,075,000 | 1,325,000 |
| Pretax income | 1,056,000 | 1,957,000 | 2,830,000 | 3,990,000 |
| Income tax | 417,000 | 781,000 | 1,127,000 | 1,588,000 |
| Net income | 639,000 | 1,176,000 | 1,703,000 | 2,402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,534,000 | 22,067,000 | 22,551,000 | 22,527,000 |
| Total capital | 23,959,000 | 24,453,000 | 24,991,000 | 25,071,000 |
| Risk-weighted assets | 193,370,000 | 189,868,000 | 194,072,000 | 202,396,000 |