Call reports 2012
AMERICAN BANK OF FREEDOM — 2012
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 113,200,000 | 110,943,000 | 120,903,000 | 127,530,000 |
| Total loans | 84,214,000 | 84,077,000 | 90,261,000 | 98,945,000 |
| Allowance for loan losses | 1,420,000 | 1,527,000 | 1,534,000 | 1,599,000 |
| Securities available for sale | 8,056,000 | 7,222,000 | 7,212,000 | 6,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,227,000 | 86,135,000 | 91,791,000 | 103,370,000 |
| Interest-bearing deposits | 78,724,000 | 77,917,000 | 83,650,000 | 84,628,000 |
| Noninterest-bearing deposits | 8,503,000 | 8,218,000 | 8,141,000 | 18,742,000 |
| Equity capital | 15,172,000 | 15,408,000 | 15,661,000 | 15,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,407,000 | 2,836,000 | 4,369,000 | 5,841,000 |
| Interest expense | 231,000 | 456,000 | 674,000 | 877,000 |
| Net interest income | 1,176,000 | 2,380,000 | 3,695,000 | 4,964,000 |
| Noninterest income | 158,000 | 377,000 | 655,000 | 1,200,000 |
| Noninterest expense | 1,074,000 | 2,108,000 | 3,167,000 | 4,391,000 |
| Provision for loan losses | 102,000 | 204,000 | 378,000 | 753,000 |
| Pretax income | 158,000 | 445,000 | 831,000 | 1,077,000 |
| Income tax | 55,000 | 140,000 | 270,000 | 339,000 |
| Net income | 103,000 | 305,000 | 561,000 | 738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,504,000 | 11,007,000 | 11,481,000 | 11,509,000 |
| Total capital | 11,531,000 | 12,020,000 | 12,406,000 | 12,605,000 |
| Risk-weighted assets | 81,329,000 | 80,026,000 | 84,705,000 | 88,328,000 |