Call reports 2005
FREEDOM STATE BANK, THE — 2005
What FREEDOM STATE BANK, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 15,317,000 | 15,505,000 | 15,774,000 | 15,662,000 |
| Total loans | 6,039,000 | 6,026,000 | 6,628,000 | 6,707,000 |
| Allowance for loan losses | 136,000 | 139,000 | 125,000 | 131,000 |
| Securities available for sale | 990,000 | 1,190,000 | 1,184,000 | 1,175,000 |
| Securities held to maturity | 2,348,000 | 1,949,000 | 2,495,000 | 2,494,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,164,000 | 14,320,000 | 14,557,000 | 14,457,000 |
| Interest-bearing deposits | 12,223,000 | 12,061,000 | 12,282,000 | 11,852,000 |
| Noninterest-bearing deposits | 1,941,000 | 2,259,000 | 2,275,000 | 2,605,000 |
| Equity capital | 1,128,000 | 1,153,000 | 1,185,000 | 1,170,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 166,000 | 332,000 | 520,000 | 711,000 |
| Interest expense | 48,000 | 99,000 | 156,000 | 216,000 |
| Net interest income | 118,000 | 233,000 | 364,000 | 495,000 |
| Noninterest income | 16,000 | 31,000 | 48,000 | 62,000 |
| Noninterest expense | 116,000 | 220,000 | 328,000 | 463,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 18,000 | 44,000 | 84,000 | 79,000 |
| Income tax | 0 | 2,000 | 4,000 | 5,000 |
| Net income | 18,000 | 42,000 | 80,000 | 74,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,141,000 | 1,165,000 | 1,203,000 | 1,197,000 |
| Total capital | 1,234,000 | 1,259,000 | 1,303,000 | 1,295,000 |
| Risk-weighted assets | 7,419,000 | 7,484,000 | 7,985,000 | 7,836,000 |