Call reports 2013
FREEDOM SECURITY BANK — 2013
What FREEDOM SECURITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Total assets | 74,492,000 | 72,811,000 |
| Total loans | 39,740,000 | 38,970,000 |
| Allowance for loan losses | 680,000 | 697,000 |
| Securities available for sale | 27,782,000 | 27,887,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 64,698,000 | 63,195,000 |
| Interest-bearing deposits | 54,581,000 | 53,118,000 |
| Noninterest-bearing deposits | 10,117,000 | 10,077,000 |
| Equity capital | 9,395,000 | 9,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Interest income | 662,000 | 1,300,000 |
| Interest expense | 103,000 | 198,000 |
| Net interest income | 559,000 | 1,102,000 |
| Noninterest income | 117,000 | 265,000 |
| Noninterest expense | 687,000 | 1,351,000 |
| Provision for loan losses | 15,000 | 30,000 |
| Pretax income | -25,000 | -13,000 |
| Income tax | -37,000 | -69,000 |
| Net income | 12,000 | 56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Tier 1 capital | 6,989,000 | 6,959,000 |
| Total capital | 7,504,000 | 7,462,000 |
| Risk-weighted assets | 41,011,000 | 40,083,000 |