Call reports 2016
FREELAND STATE BANK — 2016
What FREELAND STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 53,657,000 | 52,819,000 | 52,801,000 | 52,868,000 |
| Total loans | 11,468,000 | 11,243,000 | 10,595,000 | 10,300,000 |
| Allowance for loan losses | 167,000 | 174,000 | 181,000 | 250,000 |
| Securities available for sale | 18,270,000 | 17,252,000 | 18,195,000 | 19,080,000 |
| Securities held to maturity | 10,205,000 | 13,384,000 | 13,352,000 | 12,538,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,220,000 | 43,359,000 | 43,383,000 | 43,679,000 |
| Interest-bearing deposits | 37,069,000 | 36,454,000 | 34,917,000 | 36,203,000 |
| Noninterest-bearing deposits | 7,151,000 | 6,905,000 | 8,466,000 | 7,476,000 |
| Equity capital | 9,287,000 | 9,291,000 | 9,258,000 | 9,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 276,000 | 545,000 | 803,000 | 1,075,000 |
| Interest expense | 29,000 | 49,000 | 73,000 | 95,000 |
| Net interest income | 247,000 | 496,000 | 730,000 | 980,000 |
| Noninterest income | 55,000 | 77,000 | 98,000 | 140,000 |
| Noninterest expense | 244,000 | 498,000 | 770,000 | 1,095,000 |
| Provision for loan losses | 0 | 0 | 0 | -50,000 |
| Pretax income | 58,000 | 75,000 | 58,000 | 75,000 |
| Income tax | 18,000 | 18,000 | 7,000 | 19,000 |
| Net income | 40,000 | 57,000 | 51,000 | 56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,186,000 | 9,193,000 | 9,187,000 | 9,175,000 |
| Total capital | 9,353,000 | 9,367,000 | 9,366,000 | 9,353,000 |
| Risk-weighted assets | 14,481,000 | 14,312,000 | 14,318,000 | 14,161,000 |