Call reports 2004
FREEDOM STATE BANK, THE — 2004
What FREEDOM STATE BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 14,482,000 | 14,072,000 | 14,750,000 | 14,453,000 |
| Total loans | 5,884,000 | 6,010,000 | 6,345,000 | 6,524,000 |
| Allowance for loan losses | 136,000 | 141,000 | 142,000 | 126,000 |
| Securities available for sale | 962,000 | 942,000 | 802,000 | 796,000 |
| Securities held to maturity | 1,757,000 | 2,156,000 | 1,954,000 | 2,148,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,322,000 | 12,933,000 | 13,579,000 | 13,314,000 |
| Interest-bearing deposits | 11,556,000 | 11,314,000 | 11,687,000 | 11,399,000 |
| Noninterest-bearing deposits | 1,766,000 | 1,619,000 | 1,892,000 | 1,915,000 |
| Equity capital | 1,128,000 | 1,119,000 | 1,149,000 | 1,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 147,000 | 294,000 | 449,000 | 609,000 |
| Interest expense | 42,000 | 86,000 | 128,000 | 172,000 |
| Net interest income | 105,000 | 208,000 | 321,000 | 437,000 |
| Noninterest income | 16,000 | 33,000 | 52,000 | 67,000 |
| Noninterest expense | 116,000 | 229,000 | 338,000 | 466,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 5,000 | 12,000 | 35,000 | 8,000 |
| Income tax | 0 | 0 | 3,000 | 2,000 |
| Net income | 5,000 | 12,000 | 32,000 | 6,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,122,000 | 1,129,000 | 1,149,000 | 1,123,000 |
| Total capital | 1,210,000 | 1,220,000 | 1,245,000 | 1,218,000 |
| Risk-weighted assets | 7,029,000 | 7,240,000 | 7,641,000 | 7,552,000 |