Call reports 2011
FREEDOM SECURITY BANK — 2011
What FREEDOM SECURITY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 82,112,000 | 81,151,000 | 78,768,000 | 83,342,000 |
| Total loans | 49,579,000 | 45,567,000 | 44,925,000 | 44,303,000 |
| Allowance for loan losses | 1,096,000 | 1,125,000 | 1,113,000 | 1,032,000 |
| Securities available for sale | 25,234,000 | 24,694,000 | 28,189,000 | 29,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,608,000 | 66,656,000 | 64,523,000 | 68,733,000 |
| Interest-bearing deposits | 59,915,000 | 58,049,000 | 54,579,000 | 57,734,000 |
| Noninterest-bearing deposits | 7,693,000 | 8,607,000 | 9,944,000 | 10,999,000 |
| Equity capital | 9,123,000 | 9,223,000 | 9,437,000 | 9,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 949,000 | 1,868,000 | 2,705,000 | 3,552,000 |
| Interest expense | 271,000 | 511,000 | 720,000 | 915,000 |
| Net interest income | 678,000 | 1,357,000 | 1,985,000 | 2,637,000 |
| Noninterest income | 89,000 | -121,000 | -25,000 | 209,000 |
| Noninterest expense | 660,000 | 1,312,000 | 2,037,000 | 2,703,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 77,000 | -136,000 | -130,000 | 90,000 |
| Income tax | -2,000 | -111,000 | -141,000 | -91,000 |
| Net income | 79,000 | -25,000 | 11,000 | 181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,169,000 | 8,065,000 | 8,101,000 | 8,055,000 |
| Total capital | 8,833,000 | 8,659,000 | 8,656,000 | 8,634,000 |
| Risk-weighted assets | 52,692,000 | 46,977,000 | 43,839,000 | 45,902,000 |