Call reports 2013
FREEPORT STATE BANK — 2013
What FREEPORT STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 95,499,000 | 93,810,000 | 95,650,000 | 95,984,000 |
| Total loans | 70,705,000 | 73,212,000 | 74,651,000 | 74,416,000 |
| Allowance for loan losses | 666,000 | 669,000 | 672,000 | 676,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,705,000 | 7,701,000 | 7,680,000 | 10,050,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,664,000 | 82,193,000 | 83,737,000 | 84,154,000 |
| Interest-bearing deposits | 70,885,000 | 70,435,000 | 70,089,000 | 70,570,000 |
| Noninterest-bearing deposits | 12,779,000 | 11,758,000 | 13,648,000 | 13,584,000 |
| Equity capital | 8,437,000 | 8,288,000 | 8,472,000 | 8,647,000 |
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 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,164,000 | 2,353,000 | 3,571,000 | 4,802,000 |
| Interest expense | 124,000 | 245,000 | 361,000 | 465,000 |
| Net interest income | 1,040,000 | 2,108,000 | 3,210,000 | 4,337,000 |
| Noninterest income | 55,000 | 140,000 | 209,000 | 292,000 |
| Noninterest expense | 832,000 | 1,784,000 | 2,726,000 | 3,678,000 |
| Provision for loan losses | 12,000 | 13,000 | 13,000 | 15,000 |
| Pretax income | 251,000 | 451,000 | 680,000 | 936,000 |
| Income tax | 82,000 | 171,000 | 216,000 | 297,000 |
| Net income | 169,000 | 280,000 | 464,000 | 639,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,437,000 | 8,288,000 | 8,472,000 | 8,647,000 |
| Total capital | 9,103,000 | 8,957,000 | 9,144,000 | 9,323,000 |
| Risk-weighted assets | 70,642,000 | 73,141,000 | 74,072,000 | 74,005,000 |