Call reports 2001
FREEDOM BANK, INC. — 2001
What FREEDOM BANK, INC. reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 105,173,000 | 102,517,000 | 102,804,000 | 100,760,000 |
| Total loans | 57,212,000 | 55,942,000 | 55,002,000 | 56,164,000 |
| Allowance for loan losses | 1,067,000 | 1,049,000 | 899,000 | 954,000 |
| Securities available for sale | 13,662,000 | 6,885,000 | 14,721,000 | 13,777,000 |
| Securities held to maturity | 11,714,000 | 10,439,000 | 14,352,000 | 16,036,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,210,000 | 93,566,000 | 93,530,000 | 91,615,000 |
| Interest-bearing deposits | 80,936,000 | 78,055,000 | 77,072,000 | 75,288,000 |
| Noninterest-bearing deposits | 15,274,000 | 15,511,000 | 16,458,000 | 16,327,000 |
| Equity capital | 8,317,000 | 8,311,000 | 8,591,000 | 8,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,886,000 | 3,674,000 | 5,344,000 | 7,009,000 |
| Interest expense | 957,000 | 1,876,000 | 2,694,000 | 3,420,000 |
| Net interest income | 929,000 | 1,798,000 | 2,650,000 | 3,589,000 |
| Noninterest income | 256,000 | 552,000 | 963,000 | 1,198,000 |
| Noninterest expense | 933,000 | 1,972,000 | 2,838,000 | 3,750,000 |
| Provision for loan losses | 45,000 | 25,000 | 95,000 | 185,000 |
| Pretax income | 207,000 | 353,000 | 680,000 | 852,000 |
| Income tax | 63,000 | 110,000 | 208,000 | 250,000 |
| Net income | 144,000 | 243,000 | 472,000 | 602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,219,000 | 8,198,000 | 8,482,000 | 8,343,000 |
| Total capital | 8,961,000 | 8,915,000 | 9,193,000 | 9,069,000 |
| Risk-weighted assets | 59,253,000 | 57,063,000 | 56,698,000 | 57,854,000 |