Call reports 2005
FREEDOMBANK — 2005
What FREEDOMBANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 70,655,000 | 70,806,000 | 72,152,000 | 74,229,000 |
| Total loans | 36,934,000 | 39,760,000 | 41,053,000 | 42,905,000 |
| Allowance for loan losses | 404,000 | 425,000 | 424,000 | 396,000 |
| Securities available for sale | 26,382,000 | 25,613,000 | 25,195,000 | 25,314,000 |
| Securities held to maturity | 1,714,000 | 1,565,000 | 1,500,000 | 1,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,816,000 | 60,415,000 | 62,371,000 | 61,832,000 |
| Interest-bearing deposits | 56,023,000 | 55,419,000 | 56,131,000 | 55,167,000 |
| Noninterest-bearing deposits | 5,793,000 | 4,996,000 | 6,240,000 | 6,665,000 |
| Equity capital | 5,517,000 | 5,768,000 | 5,657,000 | 5,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 884,000 | 1,799,000 | 2,767,000 | 3,778,000 |
| Interest expense | 334,000 | 711,000 | 1,132,000 | 1,562,000 |
| Net interest income | 550,000 | 1,088,000 | 1,635,000 | 2,216,000 |
| Noninterest income | 47,000 | 101,000 | 156,000 | 211,000 |
| Noninterest expense | 323,000 | 796,000 | 1,169,000 | 1,495,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 25,000 |
| Pretax income | 274,000 | 368,000 | 597,000 | 907,000 |
| Income tax | 14,000 | 18,000 | 30,000 | 46,000 |
| Net income | 260,000 | 350,000 | 567,000 | 861,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,124,000 | 6,014,000 | 6,157,000 | 6,276,000 |
| Total capital | 6,528,000 | 6,439,000 | 6,581,000 | 6,672,000 |
| Risk-weighted assets | 41,663,000 | 43,956,000 | 43,906,000 | 45,715,000 |