Call reports 2014
FREEPORT STATE BANK — 2014
What FREEPORT STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 97,402,000 | 98,182,000 | 99,535,000 | 100,711,000 |
| Total loans | 76,408,000 | 77,592,000 | 77,541,000 | 78,637,000 |
| Allowance for loan losses | 677,000 | 680,000 | 685,000 | 664,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,731,000 | 10,092,000 | 10,615,000 | 11,217,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,296,000 | 85,027,000 | 86,027,000 | 86,728,000 |
| Interest-bearing deposits | 71,720,000 | 71,685,000 | 71,186,000 | 71,284,000 |
| Noninterest-bearing deposits | 13,576,000 | 13,342,000 | 14,841,000 | 15,444,000 |
| Equity capital | 8,844,000 | 8,807,000 | 9,017,000 | 9,136,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,196,000 | 2,444,000 | 3,693,000 | 4,956,000 |
| Interest expense | 99,000 | 197,000 | 296,000 | 393,000 |
| Net interest income | 1,097,000 | 2,247,000 | 3,397,000 | 4,563,000 |
| Noninterest income | 69,000 | 118,000 | 182,000 | 257,000 |
| Noninterest expense | 872,000 | 1,736,000 | 2,642,000 | 3,708,000 |
| Provision for loan losses | 1,000 | 2,000 | 2,000 | 2,000 |
| Pretax income | 293,000 | 627,000 | 935,000 | 1,110,000 |
| Income tax | 96,000 | 207,000 | 306,000 | 362,000 |
| Net income | 197,000 | 420,000 | 629,000 | 748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,844,000 | 8,807,000 | 9,017,000 | 9,136,000 |
| Total capital | 9,521,000 | 9,487,000 | 9,702,000 | 9,800,000 |
| Risk-weighted assets | 76,160,000 | 77,019,000 | 77,476,000 | 78,566,000 |