Call reports 2010
FREEDOM BANK — 2010
What FREEDOM BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 256,987,000 | 259,996,000 | 267,952,000 | 275,434,000 |
| Total loans | 232,136,000 | 238,547,000 | 243,328,000 | 247,740,000 |
| Allowance for loan losses | 4,049,000 | 4,355,000 | 4,559,000 | 4,487,000 |
| Securities available for sale | 496,000 | 473,000 | 434,000 | 392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,475,000 | 228,309,000 | 235,045,000 | 243,263,000 |
| Interest-bearing deposits | 197,339,000 | 200,810,000 | 205,094,000 | 210,646,000 |
| Noninterest-bearing deposits | 28,136,000 | 27,499,000 | 29,951,000 | 32,617,000 |
| Equity capital | 22,999,000 | 23,798,000 | 24,771,000 | 25,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,338,000 | 6,839,000 | 10,358,000 | 13,920,000 |
| Interest expense | 934,000 | 1,870,000 | 2,778,000 | 3,657,000 |
| Net interest income | 2,404,000 | 4,969,000 | 7,580,000 | 10,263,000 |
| Noninterest income | 300,000 | 593,000 | 1,044,000 | 1,679,000 |
| Noninterest expense | 1,184,000 | 2,432,000 | 3,651,000 | 4,878,000 |
| Provision for loan losses | 375,000 | 700,000 | 925,000 | 1,150,000 |
| Pretax income | 1,145,000 | 2,430,000 | 4,048,000 | 5,914,000 |
| Income tax | 455,000 | 944,000 | 1,586,000 | 2,324,000 |
| Net income | 690,000 | 1,486,000 | 2,462,000 | 3,590,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,999,000 | 23,798,000 | 24,771,000 | 25,128,000 |
| Total capital | 25,463,000 | 26,348,000 | 27,361,000 | 27,812,000 |
| Risk-weighted assets | 195,533,000 | 202,229,000 | 205,262,000 | 212,950,000 |