Call reports 2011
FREEDOM STATE BANK, THE — 2011
What FREEDOM STATE BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 17,283,000 | 19,031,000 | 19,816,000 | 20,909,000 |
| Total loans | 8,337,000 | 8,152,000 | 8,281,000 | 8,959,000 |
| Allowance for loan losses | 122,000 | 123,000 | 125,000 | 132,000 |
| Securities available for sale | 3,049,000 | 2,855,000 | 2,859,000 | 1,882,000 |
| Securities held to maturity | 1,408,000 | 1,360,000 | 978,000 | 978,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,530,000 | 17,232,000 | 17,975,000 | 19,094,000 |
| Interest-bearing deposits | 12,581,000 | 13,703,000 | 14,137,000 | 14,753,000 |
| Noninterest-bearing deposits | 2,949,000 | 3,529,000 | 3,838,000 | 4,341,000 |
| Equity capital | 1,732,000 | 1,762,000 | 1,814,000 | 1,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 177,000 | 353,000 | 527,000 | 693,000 |
| Interest expense | 39,000 | 78,000 | 120,000 | 161,000 |
| Net interest income | 138,000 | 275,000 | 407,000 | 532,000 |
| Noninterest income | 18,000 | 35,000 | 67,000 | 101,000 |
| Noninterest expense | 132,000 | 261,000 | 388,000 | 564,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 24,000 | 49,000 | 103,000 | 87,000 |
| Income tax | 2,000 | 5,000 | 9,000 | 9,000 |
| Net income | 22,000 | 44,000 | 94,000 | 78,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,727,000 | 1,749,000 | 1,799,000 | 1,783,000 |
| Total capital | 1,849,000 | 1,872,000 | 1,924,000 | 1,915,000 |
| Risk-weighted assets | 10,308,000 | 10,687,000 | 10,852,000 | 11,282,000 |