Call reports 2016
FREEPORT STATE BANK — 2016
What FREEPORT STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 103,467,000 | 104,547,000 | 109,944,000 | 110,543,000 |
| Total loans | 81,203,000 | 82,327,000 | 87,189,000 | 87,288,000 |
| Allowance for loan losses | 690,000 | 694,000 | 698,000 | 704,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 13,051,000 | 13,046,000 | 13,021,000 | 13,016,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,639,000 | 87,674,000 | 90,956,000 | 95,033,000 |
| Interest-bearing deposits | 71,499,000 | 71,629,000 | 72,669,000 | 77,647,000 |
| Noninterest-bearing deposits | 16,140,000 | 16,045,000 | 18,287,000 | 17,386,000 |
| Equity capital | 9,674,000 | 9,925,000 | 10,180,000 | 10,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,265,000 | 2,584,000 | 3,932,000 | 5,298,000 |
| Interest expense | 106,000 | 220,000 | 342,000 | 473,000 |
| Net interest income | 1,159,000 | 2,364,000 | 3,590,000 | 4,825,000 |
| Noninterest income | 77,000 | 136,000 | 199,000 | 269,000 |
| Noninterest expense | 897,000 | 1,795,000 | 2,706,000 | 3,795,000 |
| Provision for loan losses | 5,000 | 0 | 0 | 0 |
| Pretax income | 334,000 | 705,000 | 1,083,000 | 1,299,000 |
| Income tax | 106,000 | 226,000 | 349,000 | 406,000 |
| Net income | 228,000 | 479,000 | 734,000 | 893,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,674,000 | 9,925,000 | 10,180,000 | 10,339,000 |
| Total capital | 10,364,000 | 10,619,000 | 10,878,000 | 11,043,000 |
| Risk-weighted assets | 83,187,000 | 84,662,000 | 89,176,000 | 89,108,000 |