Call reports 2011
FREEDOM BANK — 2011
What FREEDOM BANK 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 | 115,169,000 | 120,038,000 | 141,119,000 | 148,596,000 |
| Total loans | 96,982,000 | 101,782,000 | 114,593,000 | 119,980,000 |
| Allowance for loan losses | 1,333,000 | 1,415,000 | 1,405,000 | 1,494,000 |
| Securities available for sale | 4,290,000 | 4,026,000 | 3,702,000 | 3,480,000 |
| Securities held to maturity | 3,374,000 | 3,187,000 | 2,996,000 | 2,798,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,766,000 | 104,620,000 | 121,344,000 | 128,660,000 |
| Interest-bearing deposits | 89,610,000 | 94,989,000 | 112,026,000 | 118,640,000 |
| Noninterest-bearing deposits | 10,156,000 | 9,631,000 | 9,318,000 | 10,019,000 |
| Equity capital | 14,974,000 | 14,894,000 | 19,188,000 | 19,492,000 |
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 | 1,504,000 | 3,085,000 | 4,741,000 | 6,569,000 |
| Interest expense | 258,000 | 533,000 | 834,000 | 1,171,000 |
| Net interest income | 1,246,000 | 2,552,000 | 3,907,000 | 5,398,000 |
| Noninterest income | 28,000 | 48,000 | 70,000 | 84,000 |
| Noninterest expense | 845,000 | 1,839,000 | 2,848,000 | 3,921,000 |
| Provision for loan losses | 155,000 | 555,000 | 615,000 | 700,000 |
| Pretax income | 274,000 | 206,000 | 514,000 | 861,000 |
| Income tax | 91,000 | 103,000 | 117,000 | 139,000 |
| Net income | 183,000 | 103,000 | 397,000 | 722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,815,000 | 14,732,000 | 19,027,000 | 19,353,000 |
| Total capital | 16,012,000 | 15,979,000 | 20,432,000 | 20,847,000 |
| Risk-weighted assets | 94,888,000 | 98,870,000 | 113,146,000 | 119,277,000 |