Call reports 2015
FREELAND STATE BANK — 2015
What FREELAND STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 55,844,000 | 54,189,000 | 55,251,000 | 54,652,000 |
| Total loans | 12,726,000 | 12,672,000 | 12,293,000 | 11,735,000 |
| Allowance for loan losses | 149,000 | 146,000 | 154,000 | 161,000 |
| Securities available for sale | 22,107,000 | 22,990,000 | 22,943,000 | 18,265,000 |
| Securities held to maturity | 8,481,000 | 9,251,000 | 9,243,000 | 9,734,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,221,000 | 44,599,000 | 45,645,000 | 45,328,000 |
| Interest-bearing deposits | 38,708,000 | 38,064,000 | 39,280,000 | 38,177,000 |
| Noninterest-bearing deposits | 7,513,000 | 6,535,000 | 6,365,000 | 7,151,000 |
| Equity capital | 9,408,000 | 9,364,000 | 9,353,000 | 9,218,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 294,000 | 593,000 | 884,000 | 1,177,000 |
| Interest expense | 29,000 | 58,000 | 85,000 | 110,000 |
| Net interest income | 265,000 | 535,000 | 799,000 | 1,067,000 |
| Noninterest income | 23,000 | 47,000 | 72,000 | 90,000 |
| Noninterest expense | 302,000 | 589,000 | 906,000 | 1,240,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -10,000 | -2,000 | -30,000 | -78,000 |
| Income tax | -4,000 | -2,000 | -13,000 | -29,000 |
| Net income | -6,000 | 0 | -17,000 | -49,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,213,000 | 9,210,000 | 9,193,000 | 9,145,000 |
| Total capital | 9,362,000 | 9,356,000 | 9,347,000 | 9,306,000 |
| Risk-weighted assets | 16,722,000 | 16,457,000 | 16,575,000 | 14,996,000 |