Call reports 2018
FREEPORT STATE BANK — 2018
What FREEPORT STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 114,804,000 | 112,617,000 | 112,992,000 | 115,776,000 |
| Total loans | 84,766,000 | 86,187,000 | 86,041,000 | 88,446,000 |
| Allowance for loan losses | 729,000 | 731,000 | 739,000 | 739,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,405,000 | 17,007,000 | 16,982,000 | 16,862,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,684,000 | 95,831,000 | 98,106,000 | 99,476,000 |
| Interest-bearing deposits | 79,933,000 | 75,883,000 | 77,209,000 | 77,970,000 |
| Noninterest-bearing deposits | 19,751,000 | 19,948,000 | 20,897,000 | 21,506,000 |
| Equity capital | 10,751,000 | 11,050,000 | 11,356,000 | 11,579,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,342,000 | 2,731,000 | 4,151,000 | 5,601,000 |
| Interest expense | 148,000 | 304,000 | 480,000 | 670,000 |
| Net interest income | 1,194,000 | 2,427,000 | 3,671,000 | 4,931,000 |
| Noninterest income | 60,000 | 148,000 | 222,000 | 301,000 |
| Noninterest expense | 938,000 | 1,869,000 | 2,790,000 | 3,849,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 316,000 | 706,000 | 1,103,000 | 1,383,000 |
| Income tax | 74,000 | 165,000 | 256,000 | 313,000 |
| Net income | 242,000 | 541,000 | 847,000 | 1,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,751,000 | 11,050,000 | 11,356,000 | 11,579,000 |
| Total capital | 11,480,000 | 11,781,000 | 12,095,000 | 12,318,000 |
| Risk-weighted assets | 89,123,000 | 89,974,000 | 89,813,000 | 91,714,000 |