Call reports 2013
FREEDOMBANK — 2013
What FREEDOMBANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 247,504,000 | 251,080,000 | 248,920,000 | 257,430,000 |
| Total loans | 166,824,000 | 168,631,000 | 167,634,000 | 173,395,000 |
| Allowance for loan losses | 2,470,000 | 2,488,000 | 2,502,000 | 2,294,000 |
| Securities available for sale | 62,198,000 | 64,010,000 | 61,856,000 | 65,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,449,000 | 204,915,000 | 207,948,000 | 216,152,000 |
| Interest-bearing deposits | 179,382,000 | 173,553,000 | 177,829,000 | 180,163,000 |
| Noninterest-bearing deposits | 31,067,000 | 31,362,000 | 30,119,000 | 35,989,000 |
| Equity capital | 27,397,000 | 25,399,000 | 25,321,000 | 25,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,386,000 | 4,800,000 | 7,167,000 | 9,550,000 |
| Interest expense | 412,000 | 800,000 | 1,196,000 | 1,596,000 |
| Net interest income | 1,974,000 | 4,000,000 | 5,971,000 | 7,954,000 |
| Noninterest income | 253,000 | 440,000 | 1,063,000 | 1,305,000 |
| Noninterest expense | 1,260,000 | 2,656,000 | 3,994,000 | 5,267,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 967,000 | 1,935,000 | 3,191,000 | 4,176,000 |
| Income tax | 48,000 | 97,000 | 159,000 | 190,000 |
| Net income | 919,000 | 1,838,000 | 3,032,000 | 3,986,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,219,000 | 23,410,000 | 23,309,000 | 23,885,000 |
| Total capital | 25,329,000 | 25,547,000 | 25,417,000 | 26,072,000 |
| Risk-weighted assets | 168,438,000 | 170,604,000 | 168,281,000 | 174,890,000 |