Call reports 2022
FREEPORT STATE BANK — 2022
What FREEPORT STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 149,578,000 | 152,591,000 | 156,720,000 | 152,611,000 |
| Total loans | 80,541,000 | 82,093,000 | 85,913,000 | 86,333,000 |
| Allowance for loan losses | 799,000 | 802,000 | 806,000 | 815,000 |
| Securities available for sale | 18,348,000 | 17,717,000 | 16,975,000 | 17,258,000 |
| Securities held to maturity | 27,057,000 | 27,037,000 | 26,984,000 | 26,964,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,072,000 | 140,378,000 | 144,544,000 | 140,293,000 |
| Interest-bearing deposits | 105,077,000 | 106,502,000 | 108,637,000 | 104,594,000 |
| Noninterest-bearing deposits | 31,995,000 | 33,876,000 | 35,907,000 | 35,699,000 |
| Equity capital | 12,275,000 | 12,042,000 | 11,891,000 | 12,254,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,198,000 | 2,439,000 | 3,788,000 | 5,201,000 |
| Interest expense | 71,000 | 142,000 | 213,000 | 295,000 |
| Net interest income | 1,127,000 | 2,297,000 | 3,575,000 | 4,906,000 |
| Noninterest income | 51,000 | 112,000 | 341,000 | 410,000 |
| Noninterest expense | 963,000 | 1,922,000 | 2,929,000 | 4,122,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 215,000 | 487,000 | 985,000 | 1,194,000 |
| Income tax | 40,000 | 95,000 | 215,000 | 262,000 |
| Net income | 175,000 | 392,000 | 770,000 | 932,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,428,000 | 13,645,000 | 14,023,000 | 14,185,000 |
| Total capital | 14,227,000 | 14,447,000 | 14,829,000 | 15,000,000 |
| Risk-weighted assets | 91,825,000 | 93,182,000 | 97,498,000 | 97,345,000 |