Call reports 2010
AMERICAN BANK OF FREEDOM — 2010
What AMERICAN BANK OF FREEDOM 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 | 104,217,000 | 107,777,000 | 106,183,000 | 106,362,000 |
| Total loans | 79,630,000 | 84,081,000 | 83,443,000 | 81,033,000 |
| Allowance for loan losses | 1,889,000 | 1,556,000 | 1,478,000 | 1,631,000 |
| Securities available for sale | 8,256,000 | 7,249,000 | 7,336,000 | 8,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,309,000 | 82,520,000 | 79,422,000 | 81,467,000 |
| Interest-bearing deposits | 74,064,000 | 76,579,000 | 74,183,000 | 75,140,000 |
| Noninterest-bearing deposits | 5,245,000 | 5,941,000 | 5,239,000 | 6,327,000 |
| Equity capital | 14,613,000 | 14,897,000 | 15,154,000 | 14,732,000 |
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 | 1,318,000 | 2,706,000 | 4,122,000 | 5,559,000 |
| Interest expense | 443,000 | 863,000 | 1,266,000 | 1,626,000 |
| Net interest income | 875,000 | 1,843,000 | 2,856,000 | 3,933,000 |
| Noninterest income | 232,000 | 550,000 | 878,000 | 1,228,000 |
| Noninterest expense | 963,000 | 1,982,000 | 3,033,000 | 4,161,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 635,000 |
| Pretax income | 144,000 | 411,000 | 671,000 | 365,000 |
| Income tax | 5,000 | 18,000 | 9,000 | 18,000 |
| Net income | 139,000 | 393,000 | 662,000 | 347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,391,000 | 10,674,000 | 10,973,000 | 10,687,000 |
| Total capital | 11,330,000 | 11,642,000 | 11,936,000 | 11,638,000 |
| Risk-weighted assets | 74,063,000 | 76,060,000 | 75,783,000 | 74,660,000 |