Call reports 2013
FREEDOM BANK — 2013
What FREEDOM BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 49,250,000 | 48,123,000 | 46,730,000 | 45,204,000 |
| Total loans | 25,698,000 | 27,116,000 | 27,862,000 | 26,962,000 |
| Allowance for loan losses | 163,000 | 187,000 | 179,000 | 192,000 |
| Securities available for sale | 11,838,000 | 11,264,000 | 10,489,000 | 10,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,103,000 | 43,759,000 | 42,669,000 | 41,124,000 |
| Interest-bearing deposits | 26,504,000 | 27,302,000 | 27,334,000 | 27,140,000 |
| Noninterest-bearing deposits | 18,599,000 | 16,457,000 | 15,335,000 | 13,984,000 |
| Equity capital | 4,052,000 | 4,252,000 | 3,943,000 | 4,013,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 468,000 | 978,000 | 1,448,000 | 1,959,000 |
| Interest expense | 43,000 | 83,000 | 118,000 | 150,000 |
| Net interest income | 425,000 | 895,000 | 1,330,000 | 1,809,000 |
| Noninterest income | 105,000 | 251,000 | 372,000 | 480,000 |
| Noninterest expense | 310,000 | 640,000 | 948,000 | 1,303,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 205,000 | 476,000 | 709,000 | 926,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 205,000 | 476,000 | 709,000 | 926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,295,000 | 3,456,000 | 3,444,000 | 3,421,000 |
| Total capital | 3,458,000 | 3,643,000 | 3,623,000 | 3,613,000 |
| Risk-weighted assets | 25,839,000 | 27,881,000 | 28,318,000 | 27,788,000 |