Call reports 2001
FREEDOMBANK — 2001
What FREEDOMBANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 65,334,000 | 64,022,000 | 62,673,000 | 61,287,000 |
| Total loans | 27,877,000 | 28,746,000 | 30,026,000 | 29,225,000 |
| Allowance for loan losses | 316,000 | 323,000 | 348,000 | 349,000 |
| Securities available for sale | 32,147,000 | 27,435,000 | 28,089,000 | 28,104,000 |
| Securities held to maturity | 3,000 | 3,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,349,000 | 49,819,000 | 50,626,000 | 50,862,000 |
| Interest-bearing deposits | 46,852,000 | 46,248,000 | 46,642,000 | 46,328,000 |
| Noninterest-bearing deposits | 3,497,000 | 3,571,000 | 3,984,000 | 4,534,000 |
| Equity capital | 5,425,000 | 5,551,000 | 6,190,000 | 5,967,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,116,000 | 2,254,000 | 3,348,000 | 4,418,000 |
| Interest expense | 677,000 | 1,356,000 | 1,961,000 | 2,506,000 |
| Net interest income | 439,000 | 898,000 | 1,387,000 | 1,912,000 |
| Noninterest income | 86,000 | 141,000 | 184,000 | 232,000 |
| Noninterest expense | 247,000 | 476,000 | 763,000 | 1,037,000 |
| Provision for loan losses | 30,000 | 30,000 | 55,000 | 130,000 |
| Pretax income | 262,000 | 547,000 | 767,000 | 991,000 |
| Income tax | 15,000 | 28,000 | 40,000 | 51,000 |
| Net income | 247,000 | 519,000 | 727,000 | 940,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,931,000 | 5,055,000 | 5,100,000 | 5,188,000 |
| Total capital | 5,247,000 | 5,378,000 | 5,448,000 | 5,537,000 |
| Risk-weighted assets | 32,719,000 | 33,518,000 | 34,002,000 | 33,216,000 |