Call reports 2010
FREEDOM NATIONAL BANK — 2010
What FREEDOM NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 86,963,000 | 86,653,000 | 87,213,000 | 86,238,000 |
| Total loans | 67,452,000 | 65,341,000 | 65,803,000 | 65,313,000 |
| Allowance for loan losses | 954,000 | 1,125,000 | 1,174,000 | 1,395,000 |
| Securities available for sale | 11,827,000 | 12,911,000 | 12,888,000 | 12,458,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,747,000 | 69,956,000 | 70,416,000 | 67,497,000 |
| Interest-bearing deposits | 61,921,000 | 61,323,000 | 60,837,000 | 58,716,000 |
| Noninterest-bearing deposits | 8,826,000 | 8,633,000 | 9,579,000 | 8,781,000 |
| Equity capital | 7,863,000 | 8,028,000 | 8,048,000 | 7,956,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,141,000 | 2,229,000 | 3,319,000 | 4,387,000 |
| Interest expense | 435,000 | 835,000 | 1,206,000 | 1,558,000 |
| Net interest income | 706,000 | 1,394,000 | 2,113,000 | 2,829,000 |
| Noninterest income | 211,000 | 626,000 | 718,000 | 853,000 |
| Noninterest expense | 691,000 | 1,405,000 | 2,123,000 | 2,793,000 |
| Provision for loan losses | 67,000 | 247,000 | 297,000 | 547,000 |
| Pretax income | 159,000 | 368,000 | 411,000 | 344,000 |
| Income tax | 64,000 | 150,000 | 166,000 | 147,000 |
| Net income | 95,000 | 218,000 | 245,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,884,000 | 8,007,000 | 8,034,000 | 7,986,000 |
| Total capital | 8,748,000 | 8,853,000 | 8,871,000 | 8,823,000 |
| Risk-weighted assets | 69,052,000 | 67,428,000 | 66,601,000 | 66,433,000 |