Call reports 2003
FREEDOM BANK OF SOUTHERN MISSOURI — 2003
What FREEDOM BANK OF SOUTHERN MISSOURI reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 38,286,000 | 41,787,000 | 46,364,000 | 48,132,000 |
| Total loans | 28,962,000 | 32,612,000 | 33,674,000 | 37,831,000 |
| Allowance for loan losses | 394,000 | 400,000 | 419,000 | 492,000 |
| Securities available for sale | 3,937,000 | 4,962,000 | 6,583,000 | 6,263,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,685,000 | 37,022,000 | 42,353,000 | 43,941,000 |
| Interest-bearing deposits | 29,804,000 | 33,259,000 | 38,364,000 | 39,298,000 |
| Noninterest-bearing deposits | 3,881,000 | 3,763,000 | 3,989,000 | 4,643,000 |
| Equity capital | 3,399,000 | 3,527,000 | 3,697,000 | 3,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 594,000 | 1,230,000 | 1,911,000 | 2,652,000 |
| Interest expense | 198,000 | 396,000 | 596,000 | 791,000 |
| Net interest income | 396,000 | 834,000 | 1,315,000 | 1,861,000 |
| Noninterest income | 64,000 | 129,000 | 247,000 | 337,000 |
| Noninterest expense | 270,000 | 552,000 | 851,000 | 1,200,000 |
| Provision for loan losses | 32,000 | 68,000 | 104,000 | 187,000 |
| Pretax income | 158,000 | 343,000 | 607,000 | 811,000 |
| Income tax | 56,000 | 117,000 | 200,000 | 271,000 |
| Net income | 102,000 | 226,000 | 407,000 | 540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,383,000 | 3,507,000 | 3,688,000 | 3,821,000 |
| Total capital | 3,744,000 | 3,899,000 | 4,101,000 | 4,265,000 |
| Risk-weighted assets | 28,869,000 | 31,312,000 | 33,000,000 | 35,466,000 |