Call reports 2005
FREEDOM BANK — 2005
What FREEDOM BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 32,352,000 | 31,446,000 | 40,562,000 | 36,563,000 |
| Total loans | 16,897,000 | 18,471,000 | 18,683,000 | 19,349,000 |
| Allowance for loan losses | 121,000 | 116,000 | 126,000 | 128,000 |
| Securities available for sale | 3,663,000 | 3,471,000 | 3,269,000 | 3,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,244,000 | 28,324,000 | 37,339,000 | 33,524,000 |
| Interest-bearing deposits | 21,671,000 | 20,623,000 | 21,769,000 | 21,725,000 |
| Noninterest-bearing deposits | 7,573,000 | 7,701,000 | 15,570,000 | 11,799,000 |
| Equity capital | 3,028,000 | 3,020,000 | 3,092,000 | 2,906,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 451,000 | 935,000 | 1,470,000 | 2,071,000 |
| Interest expense | 86,000 | 176,000 | 280,000 | 413,000 |
| Net interest income | 365,000 | 759,000 | 1,190,000 | 1,658,000 |
| Noninterest income | 65,000 | 135,000 | 204,000 | 261,000 |
| Noninterest expense | 261,000 | 528,000 | 798,000 | 1,076,000 |
| Provision for loan losses | 0 | 5,000 | 15,000 | 15,000 |
| Pretax income | 169,000 | 361,000 | 581,000 | 828,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 169,000 | 361,000 | 581,000 | 828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,315,000 | 2,297,000 | 2,382,000 | 2,233,000 |
| Total capital | 2,436,000 | 2,413,000 | 2,508,000 | 2,361,000 |
| Risk-weighted assets | 18,211,000 | 19,145,000 | 21,272,000 | 20,977,000 |