Call reports 2012
FREEDOM STATE BANK, THE — 2012
What FREEDOM STATE BANK, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 21,379,000 | 22,938,000 | 23,218,000 | 23,095,000 |
| Total loans | 9,331,000 | 8,922,000 | 9,446,000 | 9,506,000 |
| Allowance for loan losses | 133,000 | 131,000 | 123,000 | 150,000 |
| Securities available for sale | 2,630,000 | 2,295,000 | 2,508,000 | 2,760,000 |
| Securities held to maturity | 770,000 | 455,000 | 455,000 | 455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,542,000 | 21,057,000 | 21,294,000 | 21,220,000 |
| Interest-bearing deposits | 14,828,000 | 14,139,000 | 14,068,000 | 13,963,000 |
| Noninterest-bearing deposits | 4,714,000 | 6,918,000 | 7,226,000 | 7,257,000 |
| Equity capital | 1,815,000 | 1,855,000 | 1,899,000 | 1,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 174,000 | 341,000 | 506,000 | 679,000 |
| Interest expense | 38,000 | 63,000 | 84,000 | 103,000 |
| Net interest income | 136,000 | 278,000 | 422,000 | 576,000 |
| Noninterest income | 33,000 | 73,000 | 111,000 | 149,000 |
| Noninterest expense | 140,000 | 279,000 | 413,000 | 600,000 |
| Provision for loan losses | 0 | 0 | 0 | 42,000 |
| Pretax income | 36,000 | 79,000 | 127,000 | 90,000 |
| Income tax | 5,000 | 8,000 | 12,000 | 12,000 |
| Net income | 31,000 | 71,000 | 115,000 | 78,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,814,000 | 1,854,000 | 1,898,000 | 1,861,000 |
| Total capital | 1,947,000 | 1,985,000 | 2,025,000 | 2,011,000 |
| Risk-weighted assets | 11,919,000 | 12,401,000 | 13,156,000 | 13,264,000 |