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 | 337,614,000 | 333,338,000 | 335,345,000 | 334,258,000 |
| Total loans | 293,908,000 | 300,527,000 | 303,493,000 | 311,498,000 |
| Allowance for loan losses | 6,066,000 | 6,140,000 | 6,210,000 | 6,095,000 |
| Securities available for sale | 3,025,000 | 2,971,000 | 2,944,000 | 2,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,867,000 | 294,141,000 | 295,738,000 | 294,213,000 |
| Interest-bearing deposits | 252,233,000 | 248,647,000 | 249,023,000 | 247,521,000 |
| Noninterest-bearing deposits | 46,634,000 | 45,494,000 | 46,715,000 | 46,692,000 |
| Equity capital | 31,675,000 | 32,068,000 | 32,452,000 | 33,009,000 |
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 | 3,501,000 | 6,991,000 | 10,518,000 | 14,056,000 |
| Interest expense | 551,000 | 1,093,000 | 1,618,000 | 2,124,000 |
| Net interest income | 2,950,000 | 5,898,000 | 8,900,000 | 11,932,000 |
| Noninterest income | 546,000 | 1,101,000 | 1,535,000 | 1,981,000 |
| Noninterest expense | 1,397,000 | 2,781,000 | 4,163,000 | 5,560,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 270,000 |
| Pretax income | 2,009,000 | 4,038,000 | 6,002,000 | 8,083,000 |
| Income tax | -45,000 | -45,000 | -45,000 | -45,000 |
| Net income | 2,054,000 | 4,083,000 | 6,047,000 | 8,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,656,000 | 32,084,000 | 32,476,000 | 33,028,000 |
| Total capital | 35,037,000 | 35,557,000 | 36,049,000 | 36,671,000 |
| Risk-weighted assets | 267,788,000 | 275,181,000 | 283,166,000 | 288,996,000 |