Call reports 2017
FREEPORT STATE BANK — 2017
What FREEPORT STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 110,219,000 | 110,042,000 | 109,746,000 | 112,405,000 |
| Total loans | 88,099,000 | 87,557,000 | 87,368,000 | 86,968,000 |
| Allowance for loan losses | 709,000 | 716,000 | 719,000 | 726,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,420,000 | 12,306,000 | 12,280,000 | 13,959,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,570,000 | 93,781,000 | 94,528,000 | 97,341,000 |
| Interest-bearing deposits | 77,891,000 | 75,697,000 | 75,447,000 | 77,943,000 |
| Noninterest-bearing deposits | 16,679,000 | 18,084,000 | 19,081,000 | 19,398,000 |
| Equity capital | 10,264,000 | 10,519,000 | 10,776,000 | 10,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,346,000 | 2,710,000 | 4,093,000 | 5,460,000 |
| Interest expense | 131,000 | 266,000 | 406,000 | 549,000 |
| Net interest income | 1,215,000 | 2,444,000 | 3,687,000 | 4,911,000 |
| Noninterest income | 64,000 | 130,000 | 206,000 | 295,000 |
| Noninterest expense | 899,000 | 1,811,000 | 2,744,000 | 3,874,000 |
| Provision for loan losses | 0 | 0 | 0 | 33,000 |
| Pretax income | 380,000 | 763,000 | 1,149,000 | 1,299,000 |
| Income tax | 126,000 | 254,000 | 383,000 | 403,000 |
| Net income | 254,000 | 509,000 | 766,000 | 896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,264,000 | 10,519,000 | 10,776,000 | 10,839,000 |
| Total capital | 10,973,000 | 11,235,000 | 11,495,000 | 11,565,000 |
| Risk-weighted assets | 89,916,000 | 89,586,000 | 88,861,000 | 90,385,000 |