Call reports 2010
FREEDOM BANK — 2010
What FREEDOM BANK 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 | 118,803,000 | 116,943,000 | 123,317,000 | 118,360,000 |
| Total loans | 91,862,000 | 93,463,000 | 96,590,000 | 95,176,000 |
| Allowance for loan losses | 921,000 | 991,000 | 1,052,000 | 1,377,000 |
| Securities available for sale | 4,631,000 | 4,425,000 | 5,149,000 | 4,781,000 |
| Securities held to maturity | 6,959,000 | 6,444,000 | 5,763,000 | 4,518,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,052,000 | 105,717,000 | 111,230,000 | 103,679,000 |
| Interest-bearing deposits | 101,732,000 | 98,143,000 | 100,828,000 | 92,213,000 |
| Noninterest-bearing deposits | 6,320,000 | 7,574,000 | 10,402,000 | 11,466,000 |
| Equity capital | 10,485,000 | 10,908,000 | 11,309,000 | 11,459,000 |
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 | 1,458,000 | 2,970,000 | 4,509,000 | 6,058,000 |
| Interest expense | 383,000 | 702,000 | 1,013,000 | 1,294,000 |
| Net interest income | 1,075,000 | 2,268,000 | 3,496,000 | 4,764,000 |
| Noninterest income | 20,000 | 43,000 | 78,000 | 126,000 |
| Noninterest expense | 653,000 | 1,391,000 | 2,182,000 | 2,992,000 |
| Provision for loan losses | 405,000 | 475,000 | 535,000 | 855,000 |
| Pretax income | 37,000 | 445,000 | 857,000 | 1,043,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 37,000 | 445,000 | 857,000 | 1,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,299,000 | 10,709,000 | 11,120,000 | 11,306,000 |
| Total capital | 11,220,000 | 11,700,000 | 12,172,000 | 12,506,000 |
| Risk-weighted assets | 91,992,000 | 93,072,000 | 96,818,000 | 95,190,000 |