Call reports 2019
FREEPORT STATE BANK — 2019
What FREEPORT STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 114,814,000 | 117,341,000 | 119,352,000 | 118,244,000 |
| Total loans | 88,839,000 | 90,662,000 | 88,851,000 | 87,771,000 |
| Allowance for loan losses | 744,000 | 746,000 | 751,000 | 763,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,351,000 | 16,348,000 | 15,836,000 | 17,653,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,384,000 | 101,329,000 | 103,377,000 | 102,532,000 |
| Interest-bearing deposits | 82,017,000 | 82,457,000 | 81,417,000 | 81,813,000 |
| Noninterest-bearing deposits | 17,367,000 | 18,872,000 | 21,960,000 | 20,719,000 |
| Equity capital | 11,524,000 | 11,860,000 | 12,146,000 | 12,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,442,000 | 2,936,000 | 4,430,000 | 5,924,000 |
| Interest expense | 220,000 | 459,000 | 708,000 | 943,000 |
| Net interest income | 1,222,000 | 2,477,000 | 3,722,000 | 4,981,000 |
| Noninterest income | 75,000 | 157,000 | 217,000 | 304,000 |
| Noninterest expense | 925,000 | 1,822,000 | 2,756,000 | 3,867,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 372,000 | 812,000 | 1,183,000 | 1,418,000 |
| Income tax | 87,000 | 191,000 | 276,000 | 318,000 |
| Net income | 285,000 | 621,000 | 907,000 | 1,100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,524,000 | 11,860,000 | 12,146,000 | 12,339,000 |
| Total capital | 12,268,000 | 12,606,000 | 12,897,000 | 13,102,000 |
| Risk-weighted assets | 91,932,000 | 94,005,000 | 92,767,000 | 91,271,000 |