Call reports 2012
FREEPORT STATE BANK — 2012
What FREEPORT STATE 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 | 87,651,000 | 90,412,000 | 90,474,000 | 91,564,000 |
| Total loans | 70,911,000 | 70,676,000 | 69,603,000 | 70,372,000 |
| Allowance for loan losses | 607,000 | 625,000 | 639,000 | 651,000 |
| Securities available for sale | 1,000 | 1,000 | 1,000 | 0 |
| Securities held to maturity | 8,326,000 | 8,322,000 | 8,146,000 | 7,848,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,505,000 | 79,016,000 | 78,776,000 | 80,069,000 |
| Interest-bearing deposits | 66,296,000 | 67,476,000 | 66,286,000 | 67,705,000 |
| Noninterest-bearing deposits | 10,209,000 | 11,540,000 | 12,490,000 | 12,364,000 |
| Equity capital | 7,681,000 | 7,922,000 | 8,130,000 | 8,268,000 |
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 | 1,230,000 | 2,444,000 | 3,643,000 | 4,844,000 |
| Interest expense | 143,000 | 279,000 | 411,000 | 536,000 |
| Net interest income | 1,087,000 | 2,165,000 | 3,232,000 | 4,308,000 |
| Noninterest income | 48,000 | 114,000 | 182,000 | 290,000 |
| Noninterest expense | 713,000 | 1,482,000 | 2,266,000 | 3,234,000 |
| Provision for loan losses | 17,000 | 30,000 | 63,000 | 92,000 |
| Pretax income | 405,000 | 767,000 | 1,085,000 | 1,272,000 |
| Income tax | 141,000 | 262,000 | 372,000 | 421,000 |
| Net income | 264,000 | 505,000 | 713,000 | 851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,681,000 | 7,922,000 | 8,130,000 | 8,268,000 |
| Total capital | 8,288,000 | 8,547,000 | 8,769,000 | 8,919,000 |
| Risk-weighted assets | 69,057,000 | 69,040,000 | 69,164,000 | 69,852,000 |