Call reports 2021
FREEPORT STATE BANK — 2021
What FREEPORT STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 136,225,000 | 137,420,000 | 142,664,000 | 146,881,000 |
| Total loans | 82,162,000 | 84,022,000 | 82,464,000 | 80,548,000 |
| Allowance for loan losses | 779,000 | 782,000 | 787,000 | 795,000 |
| Securities available for sale | 13,486,000 | 13,604,000 | 13,662,000 | 13,613,000 |
| Securities held to maturity | 18,574,000 | 19,629,000 | 19,733,000 | 27,076,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,567,000 | 124,513,000 | 128,937,000 | 133,406,000 |
| Interest-bearing deposits | 92,179,000 | 95,315,000 | 98,977,000 | 101,177,000 |
| Noninterest-bearing deposits | 28,388,000 | 29,198,000 | 29,960,000 | 32,229,000 |
| Equity capital | 12,406,000 | 12,711,000 | 13,259,000 | 13,352,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,288,000 | 2,543,000 | 4,211,000 | 5,523,000 |
| Interest expense | 103,000 | 188,000 | 268,000 | 344,000 |
| Net interest income | 1,185,000 | 2,355,000 | 3,943,000 | 5,179,000 |
| Noninterest income | 45,000 | 95,000 | 154,000 | 227,000 |
| Noninterest expense | 965,000 | 1,906,000 | 2,871,000 | 3,991,000 |
| Provision for loan losses | 31,000 | 31,000 | 31,000 | 31,000 |
| Pretax income | 234,000 | 513,000 | 1,195,000 | 1,384,000 |
| Income tax | 46,000 | 105,000 | 280,000 | 341,000 |
| Net income | 188,000 | 408,000 | 915,000 | 1,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,753,000 | 12,973,000 | 13,480,000 | 13,608,000 |
| Total capital | 13,532,000 | 13,755,000 | 14,267,000 | 14,403,000 |
| Risk-weighted assets | 87,202,000 | 83,324,000 | 91,686,000 | 92,125,000 |