Call reports 2012
FREEDOM BANK — 2012
What FREEDOM BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 49,121,000 | 48,130,000 | 49,605,000 | 51,332,000 |
| Total loans | 26,136,000 | 26,070,000 | 24,868,000 | 24,227,000 |
| Allowance for loan losses | 153,000 | 152,000 | 151,000 | 148,000 |
| Securities available for sale | 9,890,000 | 9,489,000 | 9,019,000 | 12,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,440,000 | 44,213,000 | 45,523,000 | 47,284,000 |
| Interest-bearing deposits | 27,958,000 | 28,111,000 | 28,489,000 | 27,776,000 |
| Noninterest-bearing deposits | 17,482,000 | 16,102,000 | 17,034,000 | 19,508,000 |
| Equity capital | 3,580,000 | 3,805,000 | 3,959,000 | 3,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 514,000 | 1,029,000 | 1,494,000 | 1,950,000 |
| Interest expense | 65,000 | 125,000 | 182,000 | 232,000 |
| Net interest income | 449,000 | 904,000 | 1,312,000 | 1,718,000 |
| Noninterest income | 78,000 | 150,000 | 249,000 | 351,000 |
| Noninterest expense | 306,000 | 629,000 | 924,000 | 1,235,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 221,000 | 425,000 | 637,000 | 829,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 221,000 | 425,000 | 637,000 | 829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,827,000 | 3,001,000 | 3,113,000 | 3,150,000 |
| Total capital | 2,980,000 | 3,153,000 | 3,264,000 | 3,298,000 |
| Risk-weighted assets | 24,792,000 | 24,750,000 | 23,736,000 | 23,832,000 |