Call reports 2001
FREEDOM BANK — 2001
What FREEDOM BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 11,167,000 | 11,170,000 | 10,765,000 | 11,084,000 |
| Total loans | 7,128,000 | 6,993,000 | 6,370,000 | 5,804,000 |
| Allowance for loan losses | 277,000 | 444,000 | 438,000 | 438,000 |
| Securities available for sale | 3,379,000 | 2,347,000 | 2,723,000 | 2,813,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,757,000 | 8,942,000 | 8,474,000 | 8,809,000 |
| Interest-bearing deposits | 7,820,000 | 7,985,000 | 7,707,000 | 7,805,000 |
| Noninterest-bearing deposits | 937,000 | 956,000 | 767,000 | 1,004,000 |
| Equity capital | 2,350,000 | 2,184,000 | 2,247,000 | 2,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 222,000 | 442,000 | 595,000 | 765,000 |
| Interest expense | 77,000 | 156,000 | 236,000 | 314,000 |
| Net interest income | 145,000 | 286,000 | 359,000 | 451,000 |
| Noninterest income | 5,000 | 9,000 | 14,000 | 20,000 |
| Noninterest expense | 124,000 | 208,000 | 303,000 | 444,000 |
| Provision for loan losses | 0 | 194,000 | 194,000 | 194,000 |
| Pretax income | 23,000 | -109,000 | -126,000 | -169,000 |
| Income tax | 0 | 34,000 | -20,000 | -50,000 |
| Net income | 23,000 | -143,000 | -106,000 | -119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,339,000 | 2,173,000 | 2,226,000 | 2,204,000 |
| Total capital | 2,431,000 | 2,262,000 | 2,308,000 | 2,282,000 |
| Risk-weighted assets | 6,787,000 | 6,729,000 | 6,168,000 | 5,865,000 |