Call reports 2013
AMERICAN BANK OF FREEDOM — 2013
What AMERICAN BANK OF FREEDOM 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 | 119,107,000 | 123,802,000 | 120,322,000 | 128,245,000 |
| Total loans | 89,403,000 | 92,994,000 | 94,182,000 | 101,006,000 |
| Allowance for loan losses | 1,741,000 | 1,739,000 | 1,765,000 | 1,539,000 |
| Securities available for sale | 7,367,000 | 7,520,000 | 7,682,000 | 7,705,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,654,000 | 100,193,000 | 95,330,000 | 97,164,000 |
| Interest-bearing deposits | 84,833,000 | 87,036,000 | 84,751,000 | 85,740,000 |
| Noninterest-bearing deposits | 12,821,000 | 13,157,000 | 10,579,000 | 11,424,000 |
| Equity capital | 16,114,000 | 16,224,000 | 16,557,000 | 16,806,000 |
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 | 1,417,000 | 2,715,000 | 4,101,000 | 5,546,000 |
| Interest expense | 165,000 | 321,000 | 477,000 | 642,000 |
| Net interest income | 1,252,000 | 2,394,000 | 3,624,000 | 4,904,000 |
| Noninterest income | 504,000 | 1,013,000 | 1,460,000 | 1,758,000 |
| Noninterest expense | 1,119,000 | 2,280,000 | 3,426,000 | 4,545,000 |
| Provision for loan losses | 180,000 | 251,000 | 318,000 | 505,000 |
| Pretax income | 457,000 | 876,000 | 1,340,000 | 1,596,000 |
| Income tax | 133,000 | 291,000 | 451,000 | 448,000 |
| Net income | 324,000 | 585,000 | 889,000 | 1,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,224,000 | 12,514,000 | 12,847,000 | 13,136,000 |
| Total capital | 13,280,000 | 13,551,000 | 13,910,000 | 14,223,000 |
| Risk-weighted assets | 83,066,000 | 81,484,000 | 83,571,000 | 87,061,000 |