Call reports 2011
FREEDOM BANK — 2011
What FREEDOM BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 41,344,000 | 41,590,000 | 45,088,000 | 46,827,000 |
| Total loans | 27,259,000 | 26,590,000 | 26,558,000 | 27,390,000 |
| Allowance for loan losses | 156,000 | 157,000 | 153,000 | 154,000 |
| Securities available for sale | 3,312,000 | 4,274,000 | 6,714,000 | 9,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,840,000 | 38,001,000 | 41,398,000 | 43,316,000 |
| Interest-bearing deposits | 24,606,000 | 23,938,000 | 24,909,000 | 26,487,000 |
| Noninterest-bearing deposits | 13,234,000 | 14,063,000 | 16,489,000 | 16,829,000 |
| Equity capital | 3,387,000 | 3,467,000 | 3,557,000 | 3,422,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 530,000 | 1,040,000 | 1,566,000 | 2,094,000 |
| Interest expense | 71,000 | 144,000 | 217,000 | 285,000 |
| Net interest income | 459,000 | 896,000 | 1,349,000 | 1,809,000 |
| Noninterest income | 61,000 | 144,000 | 213,000 | 299,000 |
| Noninterest expense | 305,000 | 611,000 | 919,000 | 1,221,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 10,000 |
| Pretax income | 215,000 | 419,000 | 633,000 | 877,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 215,000 | 419,000 | 633,000 | 877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,703,000 | 2,758,000 | 2,771,000 | 2,656,000 |
| Total capital | 2,859,000 | 2,915,000 | 2,924,000 | 2,810,000 |
| Risk-weighted assets | 26,030,000 | 25,986,000 | 25,699,000 | 26,267,000 |