Call reports 2006
FREEDOMBANK — 2006
What FREEDOMBANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 215,998,000 | 215,004,000 | 220,312,000 | 219,001,000 |
| Total loans | 134,462,000 | 137,743,000 | 144,399,000 | 144,184,000 |
| Allowance for loan losses | 1,369,000 | 1,355,000 | 1,379,000 | 1,399,000 |
| Securities available for sale | 60,924,000 | 57,180,000 | 55,886,000 | 53,541,000 |
| Securities held to maturity | 7,120,000 | 6,555,000 | 6,536,000 | 6,531,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,634,000 | 176,513,000 | 174,576,000 | 184,577,000 |
| Interest-bearing deposits | 164,683,000 | 160,235,000 | 157,764,000 | 164,874,000 |
| Noninterest-bearing deposits | 15,951,000 | 16,278,000 | 16,812,000 | 19,703,000 |
| Equity capital | 21,217,000 | 21,043,000 | 21,916,000 | 22,132,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,891,000 | 5,948,000 | 9,076,000 | 12,182,000 |
| Interest expense | 1,422,000 | 3,029,000 | 4,771,000 | 6,583,000 |
| Net interest income | 1,469,000 | 2,919,000 | 4,305,000 | 5,599,000 |
| Noninterest income | 137,000 | 304,000 | 505,000 | 677,000 |
| Noninterest expense | 946,000 | 1,856,000 | 2,647,000 | 3,581,000 |
| Provision for loan losses | 0 | 0 | 170,000 | 180,000 |
| Pretax income | 660,000 | 1,367,000 | 1,993,000 | 2,515,000 |
| Income tax | 33,000 | 68,000 | 99,000 | 132,000 |
| Net income | 627,000 | 1,299,000 | 1,894,000 | 2,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,589,000 | 18,769,000 | 18,836,000 | 18,857,000 |
| Total capital | 19,958,000 | 20,124,000 | 20,215,000 | 20,256,000 |
| Risk-weighted assets | 139,109,000 | 144,014,000 | 148,907,000 | 147,668,000 |