Call reports 2017
FREELAND STATE BANK — 2017
What FREELAND STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 52,290,000 | 51,302,000 | 51,771,000 | 51,399,000 |
| Total loans | 10,083,000 | 9,833,000 | 9,424,000 | 9,052,000 |
| Allowance for loan losses | 257,000 | 264,000 | 270,000 | 229,000 |
| Securities available for sale | 18,106,000 | 21,557,000 | 21,522,000 | 19,361,000 |
| Securities held to maturity | 12,873,000 | 10,565,000 | 10,143,000 | 9,842,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,067,000 | 41,956,000 | 42,446,000 | 42,387,000 |
| Interest-bearing deposits | 36,678,000 | 35,231,000 | 34,375,000 | 35,085,000 |
| Noninterest-bearing deposits | 6,389,000 | 6,725,000 | 8,071,000 | 7,302,000 |
| Equity capital | 9,141,000 | 9,213,000 | 9,182,000 | 9,003,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 250,000 | 522,000 | 791,000 | 1,049,000 |
| Interest expense | 24,000 | 46,000 | 69,000 | 90,000 |
| Net interest income | 226,000 | 476,000 | 722,000 | 959,000 |
| Noninterest income | 14,000 | 101,000 | 116,000 | 39,000 |
| Noninterest expense | 250,000 | 543,000 | 819,000 | 1,115,000 |
| Provision for loan losses | 0 | 0 | 0 | -50,000 |
| Pretax income | -10,000 | 34,000 | 19,000 | -66,000 |
| Income tax | -5,000 | 4,000 | 1,000 | -24,000 |
| Net income | -5,000 | 30,000 | 18,000 | -42,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,141,000 | 9,213,000 | 9,181,000 | 9,127,000 |
| Total capital | 9,317,000 | 9,377,000 | 9,302,000 | 9,298,000 |
| Risk-weighted assets | 14,016,000 | 13,044,000 | 9,531,000 | 13,685,000 |