Call reports 2013
FREEDOM BANK — 2013
What FREEDOM BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 89,096,000 | 87,341,000 | 97,845,000 | 98,387,000 |
| Total loans | 62,161,000 | 69,229,000 | 75,598,000 | 76,728,000 |
| Allowance for loan losses | 2,052,000 | 1,597,000 | 1,667,000 | 1,401,000 |
| Securities available for sale | 2,505,000 | 2,337,000 | 2,186,000 | 2,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,484,000 | 75,955,000 | 86,349,000 | 87,620,000 |
| Interest-bearing deposits | 63,444,000 | 58,601,000 | 68,116,000 | 69,427,000 |
| Noninterest-bearing deposits | 15,040,000 | 17,354,000 | 18,233,000 | 18,193,000 |
| Equity capital | 10,370,000 | 10,339,000 | 10,440,000 | 10,575,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 790,000 | 1,638,000 | 2,562,000 | 3,525,000 |
| Interest expense | 111,000 | 215,000 | 316,000 | 426,000 |
| Net interest income | 679,000 | 1,423,000 | 2,246,000 | 3,099,000 |
| Noninterest income | 41,000 | 74,000 | 113,000 | 163,000 |
| Noninterest expense | 758,000 | 1,487,000 | 2,232,000 | 2,990,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -38,000 | 10,000 | 127,000 | 272,000 |
| Income tax | 3,000 | 24,000 | 24,000 | 23,000 |
| Net income | -41,000 | -14,000 | 103,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,336,000 | 10,363,000 | 10,481,000 | 10,629,000 |
| Total capital | 11,252,000 | 11,335,000 | 11,528,000 | 11,724,000 |
| Risk-weighted assets | 72,113,000 | 77,164,000 | 83,181,000 | 87,320,000 |