Call reports 2011
AMERICAN BANK OF FREEDOM — 2011
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 106,699,000 | 103,350,000 | 102,831,000 | 103,931,000 |
| Total loans | 74,895,000 | 75,489,000 | 79,447,000 | 80,290,000 |
| Allowance for loan losses | 1,527,000 | 1,506,000 | 1,673,000 | 1,395,000 |
| Securities available for sale | 7,522,000 | 6,879,000 | 7,489,000 | 6,856,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,673,000 | 77,679,000 | 77,270,000 | 81,064,000 |
| Interest-bearing deposits | 75,437,000 | 72,291,000 | 71,033,000 | 73,567,000 |
| Noninterest-bearing deposits | 6,236,000 | 5,388,000 | 6,237,000 | 7,497,000 |
| Equity capital | 14,811,000 | 15,318,000 | 15,113,000 | 15,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,346,000 | 2,673,000 | 4,047,000 | 5,429,000 |
| Interest expense | 327,000 | 624,000 | 888,000 | 1,124,000 |
| Net interest income | 1,019,000 | 2,049,000 | 3,159,000 | 4,305,000 |
| Noninterest income | 250,000 | 470,000 | 665,000 | 863,000 |
| Noninterest expense | 1,181,000 | 2,446,000 | 3,742,000 | 4,738,000 |
| Provision for loan losses | 0 | 20,000 | 435,000 | 835,000 |
| Pretax income | 88,000 | 54,000 | -352,000 | -404,000 |
| Income tax | 31,000 | -448,000 | -590,000 | -612,000 |
| Net income | 57,000 | 502,000 | 238,000 | 208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,782,000 | 10,918,000 | 10,536,000 | 10,170,000 |
| Total capital | 11,716,000 | 11,832,000 | 11,486,000 | 11,121,000 |
| Risk-weighted assets | 72,652,000 | 71,789,000 | 74,511,000 | 74,911,000 |