Call reports 2012
FREEDOM BANK — 2012
What FREEDOM BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 78,755,000 | 76,239,000 | 74,183,000 | 70,761,000 |
| Total loans | 50,617,000 | 50,881,000 | 46,207,000 | 46,918,000 |
| Allowance for loan losses | 963,000 | 839,000 | 866,000 | 2,989,000 |
| Securities available for sale | 20,691,000 | 16,302,000 | 20,794,000 | 17,974,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,690,000 | 63,487,000 | 60,834,000 | 58,494,000 |
| Interest-bearing deposits | 64,542,000 | 60,505,000 | 57,533,000 | 54,755,000 |
| Noninterest-bearing deposits | 2,148,000 | 2,982,000 | 3,301,000 | 3,739,000 |
| Equity capital | 6,443,000 | 6,512,000 | 6,607,000 | 4,619,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 878,000 | 1,653,000 | 2,393,000 | 3,010,000 |
| Interest expense | 176,000 | 326,000 | 467,000 | 596,000 |
| Net interest income | 702,000 | 1,327,000 | 1,926,000 | 2,414,000 |
| Noninterest income | 50,000 | 124,000 | 119,000 | -40,000 |
| Noninterest expense | 393,000 | 838,000 | 1,244,000 | 1,942,000 |
| Provision for loan losses | 92,000 | 93,000 | 145,000 | 2,269,000 |
| Pretax income | 316,000 | 656,000 | 797,000 | -1,696,000 |
| Income tax | 15,000 | 201,000 | 287,000 | -107,000 |
| Net income | 301,000 | 455,000 | 510,000 | -1,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,323,000 | 6,420,000 | 6,552,000 | 4,761,000 |
| Total capital | 7,011,000 | 7,112,000 | 7,199,000 | 5,413,000 |
| Risk-weighted assets | 54,784,000 | 55,235,000 | 51,561,000 | 49,812,000 |