Call reports 2007
FREEDOMBANK — 2007
What FREEDOMBANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 222,621,000 | 222,669,000 | 227,460,000 | 228,349,000 |
| Total loans | 151,037,000 | 154,942,000 | 161,403,000 | 162,881,000 |
| Allowance for loan losses | 1,519,000 | 1,651,000 | 1,650,000 | 1,901,000 |
| Securities available for sale | 53,269,000 | 49,018,000 | 47,529,000 | 46,719,000 |
| Securities held to maturity | 5,577,000 | 4,340,000 | 4,164,000 | 4,155,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,742,000 | 187,296,000 | 181,885,000 | 177,800,000 |
| Interest-bearing deposits | 168,703,000 | 168,713,000 | 163,988,000 | 156,258,000 |
| Noninterest-bearing deposits | 17,039,000 | 18,583,000 | 17,897,000 | 21,542,000 |
| Equity capital | 22,580,000 | 22,505,000 | 23,376,000 | 23,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,280,000 | 6,706,000 | 10,309,000 | 13,674,000 |
| Interest expense | 1,817,000 | 3,725,000 | 5,676,000 | 7,607,000 |
| Net interest income | 1,463,000 | 2,981,000 | 4,633,000 | 6,067,000 |
| Noninterest income | 185,000 | 384,000 | 589,000 | 829,000 |
| Noninterest expense | 852,000 | 1,759,000 | 2,603,000 | 3,417,000 |
| Provision for loan losses | 150,000 | 330,000 | 330,000 | 600,000 |
| Pretax income | 646,000 | 1,276,000 | 2,160,000 | 2,750,000 |
| Income tax | 32,000 | 75,000 | 118,000 | 179,000 |
| Net income | 614,000 | 1,201,000 | 2,042,000 | 2,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,113,000 | 19,219,000 | 19,600,000 | 19,335,000 |
| Total capital | 20,632,000 | 20,870,000 | 21,250,000 | 21,236,000 |
| Risk-weighted assets | 154,559,000 | 157,645,000 | 163,826,000 | 163,089,000 |