Call reports 2012
FREEDOM BANK, INC. — 2012
What FREEDOM BANK, INC. 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 | 163,129,000 | 152,480,000 | 151,864,000 | 146,256,000 |
| Total loans | 116,691,000 | 108,035,000 | 104,347,000 | 98,373,000 |
| Allowance for loan losses | 3,333,000 | 2,981,000 | 2,620,000 | 2,729,000 |
| Securities available for sale | 12,370,000 | 13,298,000 | 15,081,000 | 14,862,000 |
| Securities held to maturity | 36,000 | 31,000 | 27,000 | 22,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,864,000 | 139,111,000 | 136,266,000 | 131,464,000 |
| Interest-bearing deposits | 109,183,000 | 107,902,000 | 104,057,000 | 99,655,000 |
| Noninterest-bearing deposits | 35,681,000 | 31,209,000 | 32,209,000 | 31,809,000 |
| Equity capital | 11,523,000 | 12,038,000 | 13,391,000 | 13,564,000 |
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 | 1,776,000 | 3,449,000 | 5,062,000 | 6,578,000 |
| Interest expense | 301,000 | 560,000 | 791,000 | 992,000 |
| Net interest income | 1,475,000 | 2,889,000 | 4,271,000 | 5,586,000 |
| Noninterest income | 269,000 | 586,000 | 871,000 | 1,180,000 |
| Noninterest expense | 1,190,000 | 1,962,000 | 3,205,000 | 4,462,000 |
| Provision for loan losses | 350,000 | 996,000 | 1,356,000 | 1,591,000 |
| Pretax income | 204,000 | 517,000 | 581,000 | 713,000 |
| Income tax | 103,000 | 263,000 | 236,000 | 183,000 |
| Net income | 101,000 | 254,000 | 345,000 | 530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,833,000 | 11,131,000 | 12,456,000 | 12,587,000 |
| Total capital | 12,204,000 | 12,431,000 | 13,729,000 | 13,792,000 |
| Risk-weighted assets | 107,724,000 | 101,466,000 | 99,726,000 | 94,699,000 |