Call reports 2013
FREEDOM BANK — 2013
What FREEDOM BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 43,317,000 | 42,113,000 | 44,532,000 | 46,648,000 |
| Total loans | 30,741,000 | 29,940,000 | 32,506,000 | 34,785,000 |
| Allowance for loan losses | 1,036,000 | 949,000 | 951,000 | 956,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,144,000 | 37,830,000 | 39,949,000 | 41,993,000 |
| Interest-bearing deposits | 35,258,000 | 33,891,000 | 35,109,000 | 37,313,000 |
| Noninterest-bearing deposits | 3,885,000 | 3,940,000 | 4,840,000 | 4,680,000 |
| Equity capital | 4,123,000 | 4,211,000 | 4,474,000 | 4,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 489,000 | 982,000 | 1,504,000 | 2,081,000 |
| Interest expense | 75,000 | 143,000 | 210,000 | 278,000 |
| Net interest income | 414,000 | 839,000 | 1,294,000 | 1,803,000 |
| Noninterest income | 33,000 | 108,000 | 351,000 | 395,000 |
| Noninterest expense | 382,000 | 794,000 | 1,230,000 | 1,627,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 65,000 | 153,000 | 415,000 | 571,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 65,000 | 153,000 | 415,000 | 571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,123,000 | 4,211,000 | 4,474,000 | 4,629,000 |
| Total capital | 4,529,000 | 4,619,000 | 4,903,000 | 5,073,000 |
| Risk-weighted assets | 31,847,000 | 31,882,000 | 33,714,000 | 35,003,000 |