Call reports 2002
FREEDOM BANK — 2002
What FREEDOM BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 27,762,000 | 28,365,000 | 28,177,000 | 29,450,000 |
| Total loans | 17,490,000 | 17,597,000 | 17,783,000 | 17,653,000 |
| Allowance for loan losses | 158,000 | 165,000 | 164,000 | 159,000 |
| Securities available for sale | 3,286,000 | 3,515,000 | 2,971,000 | 3,474,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,601,000 | 25,147,000 | 24,964,000 | 26,337,000 |
| Interest-bearing deposits | 20,017,000 | 20,299,000 | 19,977,000 | 21,570,000 |
| Noninterest-bearing deposits | 4,584,000 | 4,848,000 | 4,988,000 | 4,767,000 |
| Equity capital | 2,997,000 | 3,039,000 | 3,091,000 | 3,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 480,000 | 977,000 | 1,470,000 | 1,970,000 |
| Interest expense | 145,000 | 273,000 | 393,000 | 518,000 |
| Net interest income | 335,000 | 704,000 | 1,077,000 | 1,452,000 |
| Noninterest income | 58,000 | 113,000 | 177,000 | 239,000 |
| Noninterest expense | 244,000 | 497,000 | 760,000 | 1,019,000 |
| Provision for loan losses | 45,000 | 60,000 | 75,000 | 80,000 |
| Pretax income | 104,000 | 260,000 | 419,000 | 592,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 104,000 | 260,000 | 419,000 | 592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,215,000 | 2,254,000 | 2,292,000 | 2,220,000 |
| Total capital | 2,373,000 | 2,419,000 | 2,456,000 | 2,379,000 |
| Risk-weighted assets | 18,264,000 | 18,285,000 | 18,216,000 | 18,316,000 |