Call reports 2009
AMERICAN BANK OF FREEDOM — 2009
What AMERICAN BANK OF FREEDOM 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 | 106,825,000 | 104,446,000 | 102,985,000 | 105,645,000 |
| Total loans | 85,177,000 | 81,126,000 | 79,339,000 | 77,851,000 |
| Allowance for loan losses | 889,000 | 1,587,000 | 1,658,000 | 2,145,000 |
| Securities available for sale | 7,498,000 | 7,513,000 | 7,700,000 | 7,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,535,000 | 78,853,000 | 76,831,000 | 77,860,000 |
| Interest-bearing deposits | 75,117,000 | 74,363,000 | 72,062,000 | 72,667,000 |
| Noninterest-bearing deposits | 5,418,000 | 4,490,000 | 4,769,000 | 5,193,000 |
| Equity capital | 15,835,000 | 15,033,000 | 15,112,000 | 14,497,000 |
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 | 1,434,000 | 2,818,000 | 4,199,000 | 5,537,000 |
| Interest expense | 655,000 | 1,216,000 | 1,725,000 | 2,190,000 |
| Net interest income | 779,000 | 1,602,000 | 2,474,000 | 3,347,000 |
| Noninterest income | 94,000 | 142,000 | 317,000 | 555,000 |
| Noninterest expense | 769,000 | 1,678,000 | 2,556,000 | 3,528,000 |
| Provision for loan losses | 76,000 | 849,000 | 954,000 | 2,009,000 |
| Pretax income | 41,000 | -770,000 | -706,000 | -1,622,000 |
| Income tax | 7,000 | 11,000 | 11,000 | -306,000 |
| Net income | 34,000 | -781,000 | -717,000 | -1,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,483,000 | 10,697,000 | 10,791,000 | 10,221,000 |
| Total capital | 12,371,000 | 11,713,000 | 11,748,000 | 11,155,000 |
| Risk-weighted assets | 96,888,000 | 91,736,000 | 76,110,000 | 72,748,000 |