Call reports 2012
FREEDOM NATIONAL BANK — 2012
What FREEDOM NATIONAL BANK 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 | 86,570,000 | 87,711,000 | 88,080,000 | 86,568,000 |
| Total loans | 61,436,000 | 62,113,000 | 61,430,000 | 62,695,000 |
| Allowance for loan losses | 1,079,000 | 1,057,000 | 1,116,000 | 1,421,000 |
| Securities available for sale | 15,444,000 | 15,449,000 | 14,727,000 | 15,968,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,433,000 | 71,162,000 | 72,808,000 | 67,705,000 |
| Interest-bearing deposits | 58,910,000 | 58,351,000 | 60,354,000 | 56,954,000 |
| Noninterest-bearing deposits | 13,523,000 | 12,811,000 | 12,454,000 | 10,751,000 |
| Equity capital | 8,131,000 | 8,153,000 | 8,306,000 | 9,165,000 |
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 | 914,000 | 1,888,000 | 2,781,000 | 3,665,000 |
| Interest expense | 214,000 | 406,000 | 594,000 | 773,000 |
| Net interest income | 700,000 | 1,482,000 | 2,187,000 | 2,892,000 |
| Noninterest income | 100,000 | 280,000 | 364,000 | 676,000 |
| Noninterest expense | 825,000 | 1,735,000 | 2,567,000 | 3,460,000 |
| Provision for loan losses | 260,000 | 289,000 | 344,000 | 675,000 |
| Pretax income | -284,000 | -261,000 | -359,000 | -566,000 |
| Income tax | -106,000 | -93,000 | -128,000 | -202,000 |
| Net income | -178,000 | -168,000 | -231,000 | -364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,121,000 | 8,131,000 | 8,319,000 | 9,184,000 |
| Total capital | 8,921,000 | 8,955,000 | 9,133,000 | 10,019,000 |
| Risk-weighted assets | 63,745,000 | 65,719,000 | 64,828,000 | 66,195,000 |