Call reports 2004
FREEDOM BANK — 2004
What FREEDOM BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 29,953,000 | 28,413,000 | 29,666,000 | 29,627,000 |
| Total loans | 15,834,000 | 16,446,000 | 16,998,000 | 16,808,000 |
| Allowance for loan losses | 162,000 | 134,000 | 124,000 | 122,000 |
| Securities available for sale | 4,045,000 | 4,512,000 | 4,121,000 | 3,874,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,809,000 | 25,308,000 | 26,478,000 | 26,576,000 |
| Interest-bearing deposits | 20,847,000 | 19,248,000 | 19,710,000 | 19,394,000 |
| Noninterest-bearing deposits | 5,962,000 | 6,061,000 | 6,768,000 | 7,182,000 |
| Equity capital | 3,059,000 | 2,996,000 | 3,086,000 | 2,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 401,000 | 814,000 | 1,222,000 | 1,664,000 |
| Interest expense | 70,000 | 129,000 | 191,000 | 264,000 |
| Net interest income | 331,000 | 685,000 | 1,031,000 | 1,400,000 |
| Noninterest income | 59,000 | 135,000 | 213,000 | 271,000 |
| Noninterest expense | 254,000 | 508,000 | 753,000 | 988,000 |
| Provision for loan losses | 20,000 | 25,000 | 30,000 | 45,000 |
| Pretax income | 116,000 | 287,000 | 461,000 | 638,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 116,000 | 287,000 | 461,000 | 638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,243,000 | 2,295,000 | 2,308,000 | 2,226,000 |
| Total capital | 2,405,000 | 2,429,000 | 2,432,000 | 2,348,000 |
| Risk-weighted assets | 17,272,000 | 17,485,000 | 17,964,000 | 17,791,000 |