Call reports 2008
FREEPORT STATE BANK — 2008
What FREEPORT STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 72,159,000 | 72,031,000 | 71,994,000 | 73,128,000 |
| Total loans | 56,201,000 | 57,243,000 | 58,515,000 | 58,521,000 |
| Allowance for loan losses | 499,000 | 514,000 | 530,000 | 532,000 |
| Securities available for sale | 6,000 | 6,000 | 5,000 | 5,000 |
| Securities held to maturity | 7,171,000 | 6,927,000 | 6,884,000 | 6,632,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,365,000 | 61,915,000 | 62,003,000 | 61,941,000 |
| Interest-bearing deposits | 53,592,000 | 54,019,000 | 53,957,000 | 53,859,000 |
| Noninterest-bearing deposits | 8,773,000 | 7,896,000 | 8,046,000 | 8,082,000 |
| Equity capital | 5,914,000 | 5,849,000 | 5,994,000 | 6,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,279,000 | 2,550,000 | 3,802,000 | 5,024,000 |
| Interest expense | 510,000 | 987,000 | 1,410,000 | 1,806,000 |
| Net interest income | 769,000 | 1,563,000 | 2,392,000 | 3,218,000 |
| Noninterest income | 66,000 | 141,000 | 203,000 | 251,000 |
| Noninterest expense | 629,000 | 1,265,000 | 1,922,000 | 2,608,000 |
| Provision for loan losses | 8,000 | 52,000 | 65,000 | 73,000 |
| Pretax income | 198,000 | 387,000 | 608,000 | 788,000 |
| Income tax | 66,000 | 135,000 | 211,000 | 260,000 |
| Net income | 132,000 | 252,000 | 397,000 | 528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,914,000 | 5,849,000 | 5,994,000 | 6,125,000 |
| Total capital | 6,413,000 | 6,363,000 | 6,524,000 | 6,657,000 |
| Risk-weighted assets | 57,540,000 | 58,512,000 | 59,014,000 | 58,987,000 |
Machine access — free, no API key
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