Call reports 2001
FREEDOM BANK — 2001
What FREEDOM BANK 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 | 28,155,000 | 26,416,000 | 28,635,000 | 28,878,000 |
| Total loans | 17,170,000 | 17,663,000 | 17,501,000 | 17,427,000 |
| Allowance for loan losses | 240,000 | 229,000 | 176,000 | 166,000 |
| Securities available for sale | 5,538,000 | 5,081,000 | 4,563,000 | 3,909,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,986,000 | 23,168,000 | 25,412,000 | 25,704,000 |
| Interest-bearing deposits | 20,260,000 | 18,281,000 | 20,338,000 | 20,977,000 |
| Noninterest-bearing deposits | 4,726,000 | 4,887,000 | 5,074,000 | 4,727,000 |
| Equity capital | 2,878,000 | 2,925,000 | 2,998,000 | 3,004,000 |
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 | 546,000 | 1,091,000 | 1,617,000 | 2,144,000 |
| Interest expense | 236,000 | 451,000 | 644,000 | 820,000 |
| Net interest income | 310,000 | 640,000 | 973,000 | 1,324,000 |
| Noninterest income | 66,000 | 133,000 | 197,000 | 266,000 |
| Noninterest expense | 249,000 | 495,000 | 751,000 | 997,000 |
| Provision for loan losses | 21,000 | 32,000 | 36,000 | 57,000 |
| Pretax income | 106,000 | 246,000 | 383,000 | 536,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 106,000 | 246,000 | 383,000 | 536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,080,000 | 2,117,000 | 2,171,000 | 2,210,000 |
| Total capital | 2,303,000 | 2,336,000 | 2,347,000 | 2,376,000 |
| Risk-weighted assets | 17,764,000 | 17,544,000 | 17,480,000 | 17,288,000 |