Call reports 2002
FREEDOM STATE BANK, THE — 2002
What FREEDOM STATE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 12,791,000 | 12,162,000 | 12,426,000 | 12,087,000 |
| Total loans | 6,092,000 | 6,425,000 | 6,452,000 | 6,563,000 |
| Allowance for loan losses | 121,000 | 127,000 | 133,000 | 133,000 |
| Securities available for sale | 722,000 | 728,000 | 727,000 | 984,000 |
| Securities held to maturity | 1,530,000 | 1,495,000 | 1,509,000 | 1,688,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,694,000 | 11,037,000 | 11,285,000 | 10,950,000 |
| Interest-bearing deposits | 10,592,000 | 9,911,000 | 10,112,000 | 9,687,000 |
| Noninterest-bearing deposits | 1,102,000 | 1,126,000 | 1,173,000 | 1,263,000 |
| Equity capital | 1,044,000 | 1,074,000 | 1,099,000 | 1,100,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 179,000 | 354,000 | 533,000 | 705,000 |
| Interest expense | 79,000 | 145,000 | 210,000 | 269,000 |
| Net interest income | 100,000 | 209,000 | 323,000 | 436,000 |
| Noninterest income | 23,000 | 41,000 | 59,000 | 76,000 |
| Noninterest expense | 116,000 | 222,000 | 325,000 | 453,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | -23,000 | -2,000 | 27,000 | 29,000 |
| Income tax | 0 | 0 | 3,000 | 3,000 |
| Net income | -23,000 | -2,000 | 24,000 | 26,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,033,000 | 1,059,000 | 1,085,000 | 1,087,000 |
| Total capital | 1,120,000 | 1,147,000 | 1,175,000 | 1,178,000 |
| Risk-weighted assets | 6,961,000 | 7,038,000 | 7,184,000 | 7,249,000 |