Call reports 2006
FREEDOM BANK — 2006
What FREEDOM BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 125,801,000 | 159,628,000 | 160,112,000 | 215,839,000 |
| Total loans | 92,013,000 | 110,728,000 | 122,116,000 | 170,905,000 |
| Allowance for loan losses | 1,013,000 | 1,231,000 | 1,376,000 | 2,014,000 |
| Securities available for sale | 1,489,000 | 3,951,000 | 4,983,000 | 4,985,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,732,000 | 126,573,000 | 127,412,000 | 182,733,000 |
| Interest-bearing deposits | 88,838,000 | 120,841,000 | 119,652,000 | 173,830,000 |
| Noninterest-bearing deposits | 4,893,000 | 5,733,000 | 7,760,000 | 8,903,000 |
| Equity capital | 31,262,000 | 31,343,000 | 31,235,000 | 30,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,703,000 | 4,208,000 | 7,022,000 | 10,570,000 |
| Interest expense | 879,000 | 2,185,000 | 3,678,000 | 5,656,000 |
| Net interest income | 824,000 | 2,023,000 | 3,344,000 | 4,914,000 |
| Noninterest income | 79,000 | 239,000 | 333,000 | 497,000 |
| Noninterest expense | 1,070,000 | 2,410,000 | 3,951,000 | 5,691,000 |
| Provision for loan losses | 261,000 | 506,000 | 651,000 | 1,289,000 |
| Pretax income | -428,000 | -654,000 | -925,000 | -1,569,000 |
| Income tax | -207,000 | -284,000 | -362,000 | -555,000 |
| Net income | -221,000 | -370,000 | -563,000 | -1,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,433,000 | 30,454,000 | 30,237,000 | 30,110,000 |
| Total capital | 31,446,000 | 31,685,000 | 31,613,000 | 32,124,000 |
| Risk-weighted assets | 95,605,000 | 112,345,000 | 121,682,000 | 173,608,000 |