Call reports 2009
FREEDOMBANK — 2009
What FREEDOMBANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 228,291,000 | 231,074,000 | 231,130,000 | 230,584,000 |
| Total loans | 175,504,000 | 175,309,000 | 174,175,000 | 169,064,000 |
| Allowance for loan losses | 3,180,000 | 3,237,000 | 3,148,000 | 2,586,000 |
| Securities available for sale | 35,856,000 | 36,158,000 | 37,645,000 | 36,077,000 |
| Securities held to maturity | 3,220,000 | 2,505,000 | 2,445,000 | 2,445,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,768,000 | 179,110,000 | 176,302,000 | 185,292,000 |
| Interest-bearing deposits | 150,564,000 | 157,953,000 | 136,706,000 | 159,706,000 |
| Noninterest-bearing deposits | 21,204,000 | 21,157,000 | 39,596,000 | 25,586,000 |
| Equity capital | 24,944,000 | 25,263,000 | 25,486,000 | 25,945,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,261,000 | 6,412,000 | 9,546,000 | 12,707,000 |
| Interest expense | 1,134,000 | 2,220,000 | 3,158,000 | 4,060,000 |
| Net interest income | 2,127,000 | 4,192,000 | 6,388,000 | 8,647,000 |
| Noninterest income | 175,000 | 360,000 | 694,000 | 951,000 |
| Noninterest expense | 853,000 | 1,813,000 | 3,315,000 | 4,557,000 |
| Provision for loan losses | 850,000 | 1,420,000 | 1,970,000 | 2,232,000 |
| Pretax income | 599,000 | 1,319,000 | 1,797,000 | 2,827,000 |
| Income tax | 49,000 | 42,000 | 77,000 | 113,000 |
| Net income | 550,000 | 1,277,000 | 1,720,000 | 2,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,819,000 | 20,155,000 | 20,056,000 | 20,465,000 |
| Total capital | 21,946,000 | 22,277,000 | 22,174,000 | 22,602,000 |
| Risk-weighted assets | 169,666,000 | 168,609,000 | 168,434,000 | 170,530,000 |