Call reports 2005
FREEDOM BANK — 2005
What FREEDOM BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 37,490,000 | 37,582,000 | 40,160,000 | 40,093,000 |
| Total loans | 23,697,000 | 23,985,000 | 27,999,000 | 26,742,000 |
| Allowance for loan losses | 352,000 | 354,000 | 365,000 | 275,000 |
| Securities available for sale | 12,389,000 | 12,795,000 | 11,543,000 | 11,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,826,000 | 29,870,000 | 29,744,000 | 30,419,000 |
| Interest-bearing deposits | 28,817,000 | 28,559,000 | 28,538,000 | 28,753,000 |
| Noninterest-bearing deposits | 1,009,000 | 1,311,000 | 1,206,000 | 1,666,000 |
| Equity capital | 2,775,000 | 2,836,000 | 2,959,000 | 3,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 430,000 | 938,000 | 1,469,000 | 2,069,000 |
| Interest expense | 172,000 | 420,000 | 687,000 | 1,014,000 |
| Net interest income | 258,000 | 518,000 | 782,000 | 1,055,000 |
| Noninterest income | 4,000 | 11,000 | 14,000 | 18,000 |
| Noninterest expense | 69,000 | 133,000 | 208,000 | 262,000 |
| Provision for loan losses | 11,000 | 11,000 | 21,000 | 57,000 |
| Pretax income | 183,000 | 386,000 | 568,000 | 755,000 |
| Income tax | 60,000 | 128,000 | 185,000 | 250,000 |
| Net income | 123,000 | 258,000 | 383,000 | 505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,821,000 | 2,855,000 | 2,981,000 | 3,102,000 |
| Total capital | 3,122,000 | 3,159,000 | 3,339,000 | 3,377,000 |
| Risk-weighted assets | 24,031,000 | 24,236,000 | 28,625,000 | 28,272,000 |