Call reports 2012
FREEDOM BANK — 2012
What FREEDOM 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 | 83,770,000 | 81,453,000 | 79,913,000 | 88,698,000 |
| Total loans | 64,729,000 | 61,483,000 | 57,274,000 | 59,175,000 |
| Allowance for loan losses | 1,437,000 | 1,549,000 | 1,206,000 | 2,048,000 |
| Securities available for sale | 1,820,000 | 1,779,000 | 1,691,000 | 2,624,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,601,000 | 76,891,000 | 75,419,000 | 78,079,000 |
| Interest-bearing deposits | 64,090,000 | 60,579,000 | 60,741,000 | 59,793,000 |
| Noninterest-bearing deposits | 14,511,000 | 16,312,000 | 14,678,000 | 18,286,000 |
| Equity capital | 5,011,000 | 4,331,000 | 4,129,000 | 10,416,000 |
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 | 890,000 | 1,765,000 | 2,586,000 | 3,391,000 |
| Interest expense | 154,000 | 293,000 | 421,000 | 542,000 |
| Net interest income | 736,000 | 1,472,000 | 2,165,000 | 2,849,000 |
| Noninterest income | 27,000 | -292,000 | -264,000 | -431,000 |
| Noninterest expense | 792,000 | 1,784,000 | 2,721,000 | 3,572,000 |
| Provision for loan losses | 0 | 134,000 | 134,000 | 1,010,000 |
| Pretax income | -29,000 | -738,000 | -954,000 | -2,164,000 |
| Income tax | 4,000 | -7,000 | -12,000 | -13,000 |
| Net income | -33,000 | -731,000 | -942,000 | -2,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,000,000 | 4,301,000 | 4,092,000 | 10,377,000 |
| Total capital | 5,907,000 | 5,143,000 | 4,887,000 | 11,221,000 |
| Risk-weighted assets | 72,012,000 | 66,661,000 | 63,212,000 | 66,295,000 |