Call reports 2018
FREELAND STATE BANK — 2018
What FREELAND STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 51,671,000 | 51,329,000 | 50,558,000 | 50,566,000 |
| Total loans | 8,908,000 | 8,463,000 | 8,255,000 | 7,800,000 |
| Allowance for loan losses | 236,000 | 242,000 | 249,000 | 201,000 |
| Securities available for sale | 23,177,000 | 23,134,000 | 21,585,000 | 18,199,000 |
| Securities held to maturity | 10,322,000 | 9,903,000 | 9,873,000 | 8,755,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,717,000 | 42,370,000 | 41,688,000 | 41,706,000 |
| Interest-bearing deposits | 35,640,000 | 35,849,000 | 36,042,000 | 35,656,000 |
| Noninterest-bearing deposits | 7,077,000 | 6,521,000 | 5,646,000 | 6,050,000 |
| Equity capital | 8,923,000 | 8,878,000 | 8,794,000 | 8,852,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 278,000 | 558,000 | 837,000 | 1,126,000 |
| Interest expense | 21,000 | 42,000 | 64,000 | 85,000 |
| Net interest income | 257,000 | 516,000 | 773,000 | 1,041,000 |
| Noninterest income | 13,000 | 26,000 | 37,000 | 70,000 |
| Noninterest expense | 263,000 | 544,000 | 870,000 | 1,189,000 |
| Provision for loan losses | 0 | 0 | 0 | -55,000 |
| Pretax income | 7,000 | -2,000 | -60,000 | -23,000 |
| Income tax | 1,000 | 0 | -3,000 | 0 |
| Net income | 6,000 | -2,000 | -57,000 | -23,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,133,000 | 9,115,000 | 9,200,000 | 9,080,000 |
| Total capital | 9,430,000 | 9,281,000 | 9,370,000 | 9,190,000 |
| Risk-weighted assets | 13,905,000 | 13,172,000 | 13,441,000 | 8,777,000 |