Call reports 2015
FREEPORT STATE BANK — 2015
What FREEPORT STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 100,184,000 | 102,735,000 | 101,965,000 | 102,940,000 |
| Total loans | 78,832,000 | 79,430,000 | 78,346,000 | 78,845,000 |
| Allowance for loan losses | 669,000 | 675,000 | 680,000 | 687,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,524,000 | 13,206,000 | 13,181,000 | 13,077,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,754,000 | 85,509,000 | 86,769,000 | 85,857,000 |
| Interest-bearing deposits | 70,706,000 | 71,053,000 | 70,982,000 | 68,930,000 |
| Noninterest-bearing deposits | 16,048,000 | 14,456,000 | 15,787,000 | 16,927,000 |
| Equity capital | 9,088,000 | 9,358,000 | 9,601,000 | 9,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,230,000 | 2,516,000 | 3,789,000 | 5,069,000 |
| Interest expense | 94,000 | 190,000 | 291,000 | 391,000 |
| Net interest income | 1,136,000 | 2,326,000 | 3,498,000 | 4,678,000 |
| Noninterest income | 66,000 | 158,000 | 220,000 | 299,000 |
| Noninterest expense | 860,000 | 1,731,000 | 2,609,000 | 3,614,000 |
| Provision for loan losses | 0 | 3,000 | 3,000 | 3,000 |
| Pretax income | 342,000 | 750,000 | 1,106,000 | 1,360,000 |
| Income tax | 114,000 | 252,000 | 365,000 | 445,000 |
| Net income | 228,000 | 498,000 | 741,000 | 915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,088,000 | 9,358,000 | 9,601,000 | 9,775,000 |
| Total capital | 9,757,000 | 10,033,000 | 10,281,000 | 10,462,000 |
| Risk-weighted assets | 77,617,000 | 78,626,000 | 79,856,000 | 81,529,000 |