Call reports 2002
FREEDOM BANK — 2002
What FREEDOM BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 10,466,000 | 11,264,000 | 11,378,000 | 12,240,000 |
| Total loans | 5,513,000 | 7,670,000 | 7,583,000 | 7,525,000 |
| Allowance for loan losses | 402,000 | 392,000 | 294,000 | 292,000 |
| Securities available for sale | 2,484,000 | 2,512,000 | 2,177,000 | 2,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,230,000 | 8,970,000 | 9,038,000 | 9,946,000 |
| Interest-bearing deposits | 7,590,000 | 8,074,000 | 8,285,000 | 8,552,000 |
| Noninterest-bearing deposits | 640,000 | 896,000 | 753,000 | 1,394,000 |
| Equity capital | 2,180,000 | 2,231,000 | 2,280,000 | 2,244,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 168,000 | 351,000 | 534,000 | 727,000 |
| Interest expense | 63,000 | 125,000 | 191,000 | 250,000 |
| Net interest income | 105,000 | 226,000 | 343,000 | 477,000 |
| Noninterest income | 6,000 | 9,000 | 26,000 | 26,000 |
| Noninterest expense | 134,000 | 226,000 | 311,000 | 465,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -23,000 | 9,000 | 58,000 | 41,000 |
| Income tax | 0 | 1,000 | 1,000 | 19,000 |
| Net income | -23,000 | 8,000 | 57,000 | 22,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,101,000 | 2,128,000 | 2,265,000 | 2,230,000 |
| Total capital | 2,181,000 | 2,231,000 | 2,363,000 | 2,335,000 |
| Risk-weighted assets | 6,052,000 | 7,962,000 | 8,084,000 | 8,179,000 |