Call reports 2001
FREEDOM STATE BANK, THE — 2001
What FREEDOM STATE BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 12,421,000 | 13,102,000 | 13,218,000 | 13,102,000 |
| Total loans | 7,325,000 | 7,250,000 | 7,353,000 | 7,057,000 |
| Allowance for loan losses | 142,000 | 147,000 | 168,000 | 134,000 |
| Securities available for sale | 971,000 | 670,000 | 736,000 | 729,000 |
| Securities held to maturity | 1,615,000 | 1,379,000 | 1,330,000 | 1,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,285,000 | 11,934,000 | 12,025,000 | 11,957,000 |
| Interest-bearing deposits | 10,069,000 | 10,658,000 | 10,923,000 | 10,751,000 |
| Noninterest-bearing deposits | 1,216,000 | 1,276,000 | 1,102,000 | 1,206,000 |
| Equity capital | 1,056,000 | 1,076,000 | 1,110,000 | 1,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 234,000 | 463,000 | 684,000 | 881,000 |
| Interest expense | 123,000 | 244,000 | 356,000 | 458,000 |
| Net interest income | 111,000 | 219,000 | 328,000 | 423,000 |
| Noninterest income | 14,000 | 31,000 | 50,000 | 65,000 |
| Noninterest expense | 104,000 | 206,000 | 307,000 | 431,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 21,000 | 44,000 | 71,000 | 37,000 |
| Income tax | 0 | 3,000 | 6,000 | 6,000 |
| Net income | 21,000 | 41,000 | 65,000 | 31,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,046,000 | 1,066,000 | 1,090,000 | 1,056,000 |
| Total capital | 1,142,000 | 1,164,000 | 1,190,000 | 1,153,000 |
| Risk-weighted assets | 7,654,000 | 7,775,000 | 7,909,000 | 7,751,000 |