Call reports 2007

FREEDOM BANK OF VIRGINIA, THE — 2007

Name: FREEDOM BANK OF VIRGINIA, THE — FFIEC call report 2007
Creator: FREEDOM BANK OF VIRGINIA, THE

What FREEDOM BANK OF VIRGINIA, THE reported to the FFIEC in 2007, quarter by quarter.

PERIOD: 2007SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/f1cbeec1-f4a5-4193-85f7-1f39e0c6ef6a/2007

Balance sheet

What the bank holds and owes at quarter end

Measure	2007Q1	2007Q2	2007Q3	2007Q4
Total assets	79,122,000	79,703,000	90,584,000	97,352,000
Total loans	39,166,000	43,161,000	57,150,000	67,698,000
Allowance for loan losses	396,000	432,000	602,000	682,000
Securities available for sale	15,330,000	15,622,000	12,939,000	10,026,000
Securities held to maturity	3,003,000	7,245,000	7,120,000	6,999,000
Trading assets	0	0	0	0
Total deposits	54,160,000	54,377,000	65,284,000	72,085,000
Interest-bearing deposits	41,423,000	40,828,000	51,123,000	56,261,000
Noninterest-bearing deposits	12,737,000	13,548,000	14,161,000	15,824,000
Equity capital	24,720,000	25,093,000	24,937,000	24,885,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2007Q1	2007Q2	2007Q3	2007Q4
Interest income	1,164,000	2,418,000	3,909,000	5,515,000
Interest expense	473,000	915,000	1,455,000	2,075,000
Net interest income	691,000	1,503,000	2,454,000	3,440,000
Noninterest income	38,000	80,000	129,000	196,000
Noninterest expense	706,000	1,721,000	2,790,000	3,959,000
Provision for loan losses	0	36,000	206,000	286,000
Pretax income	23,000	-174,000	-413,000	-609,000
Income tax	0	0	0	0
Net income	23,000	-174,000	-413,000	-609,000

Basel measures — not reported for every quarter

Measure	2007Q1	2007Q2	2007Q3	2007Q4
Tier 1 capital	24,817,000	25,184,000	24,945,000	24,839,000
Total capital	25,213,000	25,616,000	25,547,000	25,521,000
Risk-weighted assets	46,098,000	49,730,000	62,815,000	73,604,000