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 | 45,897,000 | 46,167,000 | 46,007,000 | 45,066,000 |
| Total loans | 32,397,000 | 31,706,000 | 31,198,000 | 30,641,000 |
| Allowance for loan losses | 1,106,000 | 1,132,000 | 1,061,000 | 1,029,000 |
| Securities available for sale | 501,000 | 501,000 | 501,000 | 501,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,993,000 | 42,244,000 | 42,006,000 | 40,983,000 |
| Interest-bearing deposits | 38,971,000 | 38,958,000 | 37,593,000 | 37,566,000 |
| Noninterest-bearing deposits | 3,023,000 | 3,286,000 | 4,412,000 | 3,417,000 |
| Equity capital | 3,867,000 | 3,895,000 | 3,957,000 | 4,058,000 |
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 | 486,000 | 997,000 | 1,496,000 | 2,029,000 |
| Interest expense | 108,000 | 206,000 | 296,000 | 379,000 |
| Net interest income | 378,000 | 791,000 | 1,200,000 | 1,650,000 |
| Noninterest income | 65,000 | 103,000 | 147,000 | 187,000 |
| Noninterest expense | 389,000 | 812,000 | 1,203,000 | 1,592,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 54,000 | 82,000 | 144,000 | 245,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 54,000 | 82,000 | 144,000 | 245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,867,000 | 3,895,000 | 3,957,000 | 4,058,000 |
| Total capital | 4,285,000 | 4,318,000 | 4,376,000 | 4,469,000 |
| Risk-weighted assets | 32,740,000 | 33,153,000 | 32,877,000 | 31,972,000 |