Call reports 2012
FREEDOM FINANCIAL BANK — 2012
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 153,284,000 | 151,542,000 | 159,978,000 | 162,162,000 |
| Total loans | 125,239,000 | 123,467,000 | 126,357,000 | 130,141,000 |
| Allowance for loan losses | 1,208,000 | 1,208,000 | 1,210,000 | 1,224,000 |
| Securities available for sale | 0 | 0 | 1,500,000 | 0 |
| Securities held to maturity | 3,019,000 | 4,517,000 | 1,497,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,919,000 | 121,242,000 | 132,571,000 | 134,762,000 |
| Interest-bearing deposits | 107,314,000 | 108,806,000 | 107,340,000 | 120,692,000 |
| Noninterest-bearing deposits | 15,605,000 | 12,436,000 | 25,231,000 | 14,070,000 |
| Equity capital | 16,550,000 | 16,393,000 | 16,603,000 | 16,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,833,000 | 3,515,000 | 5,238,000 | 6,910,000 |
| Interest expense | 607,000 | 1,194,000 | 1,735,000 | 2,148,000 |
| Net interest income | 1,226,000 | 2,321,000 | 3,503,000 | 4,762,000 |
| Noninterest income | 32,000 | 70,000 | 104,000 | 140,000 |
| Noninterest expense | 699,000 | 1,423,000 | 2,192,000 | 3,264,000 |
| Provision for loan losses | 120,000 | 120,000 | 120,000 | 120,000 |
| Pretax income | 439,000 | 848,000 | 1,348,000 | 1,658,000 |
| Income tax | 18,000 | 38,000 | 63,000 | 79,000 |
| Net income | 421,000 | 810,000 | 1,285,000 | 1,579,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,550,000 | 16,393,000 | 16,603,000 | 16,640,000 |
| Total capital | 17,758,000 | 17,601,000 | 17,813,000 | 17,864,000 |
| Risk-weighted assets | 141,144,000 | 133,524,000 | 137,149,000 | 136,838,000 |