Call reports 2012
FREEDOM BANK — 2012
What FREEDOM BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 160,658,000 | 161,256,000 | 167,483,000 | 163,629,000 |
| Total loans | 124,722,000 | 132,901,000 | 137,028,000 | 141,407,000 |
| Allowance for loan losses | 1,560,000 | 1,049,000 | 1,250,000 | 1,422,000 |
| Securities available for sale | 5,547,000 | 4,411,000 | 5,425,000 | 5,410,000 |
| Securities held to maturity | 2,658,000 | 2,272,000 | 2,140,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,434,000 | 141,177,000 | 146,944,000 | 142,432,000 |
| Interest-bearing deposits | 125,546,000 | 124,743,000 | 128,571,000 | 126,395,000 |
| Noninterest-bearing deposits | 14,888,000 | 16,434,000 | 18,374,000 | 16,037,000 |
| Equity capital | 19,680,000 | 19,659,000 | 19,992,000 | 20,557,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,841,000 | 3,942,000 | 5,988,000 | 8,116,000 |
| Interest expense | 314,000 | 621,000 | 923,000 | 1,236,000 |
| Net interest income | 1,527,000 | 3,321,000 | 5,065,000 | 6,880,000 |
| Noninterest income | 19,000 | 43,000 | 61,000 | 82,000 |
| Noninterest expense | 1,189,000 | 2,479,000 | 3,721,000 | 4,967,000 |
| Provision for loan losses | 60,000 | 580,000 | 748,000 | 898,000 |
| Pretax income | 297,000 | 305,000 | 657,000 | 1,097,000 |
| Income tax | 116,000 | 119,000 | 146,000 | -55,000 |
| Net income | 181,000 | 186,000 | 511,000 | 1,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,521,000 | 19,515,000 | 19,820,000 | 20,451,000 |
| Total capital | 21,081,000 | 20,564,000 | 21,070,000 | 21,873,000 |
| Risk-weighted assets | 125,084,000 | 129,223,000 | 134,146,000 | 135,908,000 |