Call reports 2006
FREEDOM BANK — 2006
What FREEDOM BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 36,218,000 | 33,459,000 | 33,663,000 | 35,416,000 |
| Total loans | 18,526,000 | 20,169,000 | 20,484,000 | 20,578,000 |
| Allowance for loan losses | 122,000 | 131,000 | 124,000 | 105,000 |
| Securities available for sale | 4,030,000 | 3,906,000 | 3,846,000 | 2,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,082,000 | 30,267,000 | 30,395,000 | 32,316,000 |
| Interest-bearing deposits | 23,446,000 | 19,308,000 | 20,409,000 | 20,675,000 |
| Noninterest-bearing deposits | 9,636,000 | 10,959,000 | 9,986,000 | 11,641,000 |
| Equity capital | 2,963,000 | 2,982,000 | 3,055,000 | 2,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,160,000 | 1,739,000 | 2,364,000 |
| Interest expense | 153,000 | 312,000 | 473,000 | 655,000 |
| Net interest income | 407,000 | 848,000 | 1,266,000 | 1,709,000 |
| Noninterest income | 47,000 | 102,000 | 161,000 | 226,000 |
| Noninterest expense | 281,000 | 558,000 | 844,000 | 1,111,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 20,000 |
| Pretax income | 173,000 | 382,000 | 573,000 | 804,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 173,000 | 382,000 | 573,000 | 804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,307,000 | 2,366,000 | 2,409,000 | 2,240,000 |
| Total capital | 2,429,000 | 2,497,000 | 2,533,000 | 2,345,000 |
| Risk-weighted assets | 20,373,000 | 21,188,000 | 21,328,000 | 21,681,000 |