Call reports 2011
FREEDOMBANK — 2011
What FREEDOMBANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 224,710,000 | 220,979,000 | 223,016,000 | 225,462,000 |
| Total loans | 169,048,000 | 167,597,000 | 166,660,000 | 166,948,000 |
| Allowance for loan losses | 2,457,000 | 2,555,000 | 2,500,000 | 2,509,000 |
| Securities available for sale | 33,846,000 | 32,874,000 | 34,438,000 | 36,524,000 |
| Securities held to maturity | 1,030,000 | 790,000 | 590,000 | 490,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,811,000 | 179,943,000 | 177,842,000 | 189,910,000 |
| Interest-bearing deposits | 157,223,000 | 155,028,000 | 152,092,000 | 159,005,000 |
| Noninterest-bearing deposits | 24,588,000 | 24,915,000 | 25,750,000 | 30,905,000 |
| Equity capital | 26,256,000 | 27,050,000 | 27,447,000 | 27,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,818,000 | 5,661,000 | 8,429,000 | 11,160,000 |
| Interest expense | 610,000 | 1,202,000 | 1,765,000 | 2,317,000 |
| Net interest income | 2,208,000 | 4,459,000 | 6,664,000 | 8,843,000 |
| Noninterest income | 353,000 | 653,000 | 871,000 | 1,096,000 |
| Noninterest expense | 1,508,000 | 2,913,000 | 4,288,000 | 5,747,000 |
| Provision for loan losses | 130,000 | 130,000 | 130,000 | 160,000 |
| Pretax income | 923,000 | 2,069,000 | 3,212,000 | 4,127,000 |
| Income tax | 46,000 | 54,000 | 85,000 | 106,000 |
| Net income | 877,000 | 2,015,000 | 3,127,000 | 4,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,415,000 | 21,788,000 | 22,134,000 | 21,973,000 |
| Total capital | 23,523,000 | 23,865,000 | 24,205,000 | 24,035,000 |
| Risk-weighted assets | 168,317,000 | 165,655,000 | 165,264,000 | 164,524,000 |