Call reports 2010
FREEDOMBANK — 2010
What FREEDOMBANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 231,926,000 | 226,019,000 | 222,130,000 | 224,806,000 |
| Total loans | 168,479,000 | 164,256,000 | 165,814,000 | 166,664,000 |
| Allowance for loan losses | 2,429,000 | 2,488,000 | 2,445,000 | 2,478,000 |
| Securities available for sale | 38,301,000 | 36,414,000 | 31,950,000 | 35,807,000 |
| Securities held to maturity | 1,960,000 | 1,435,000 | 1,435,000 | 1,130,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,570,000 | 176,160,000 | 170,618,000 | 179,680,000 |
| Interest-bearing deposits | 161,826,000 | 150,251,000 | 147,009,000 | 151,929,000 |
| Noninterest-bearing deposits | 23,744,000 | 25,909,000 | 23,609,000 | 27,751,000 |
| Equity capital | 25,900,000 | 26,390,000 | 26,734,000 | 25,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,997,000 | 5,902,000 | 8,832,000 | 11,704,000 |
| Interest expense | 768,000 | 1,489,000 | 2,169,000 | 2,822,000 |
| Net interest income | 2,229,000 | 4,413,000 | 6,663,000 | 8,882,000 |
| Noninterest income | 271,000 | 531,000 | 553,000 | 974,000 |
| Noninterest expense | 1,427,000 | 2,880,000 | 4,218,000 | 6,025,000 |
| Provision for loan losses | 400,000 | 560,000 | 560,000 | 690,000 |
| Pretax income | 912,000 | 1,743,000 | 2,776,000 | 3,479,000 |
| Income tax | 45,000 | 87,000 | 138,000 | 173,000 |
| Net income | 867,000 | 1,656,000 | 2,638,000 | 3,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,657,000 | 20,746,000 | 21,158,000 | 21,059,000 |
| Total capital | 22,781,000 | 22,828,000 | 23,248,000 | 23,157,000 |
| Risk-weighted assets | 169,639,000 | 166,116,000 | 166,833,000 | 167,501,000 |