Call reports 2004
FREEPORT STATE BANK — 2004
What FREEPORT STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 12,535,000 | 13,887,000 | 12,689,000 | 16,876,000 |
| Total loans | 6,612,000 | 7,317,000 | 7,058,000 | 7,079,000 |
| Allowance for loan losses | 58,000 | 58,000 | 58,000 | 58,000 |
| Securities available for sale | 4,167,000 | 5,106,000 | 4,374,000 | 7,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,581,000 | 12,993,000 | 11,728,000 | 15,944,000 |
| Interest-bearing deposits | 9,599,000 | 11,250,000 | 9,673,000 | 13,965,000 |
| Noninterest-bearing deposits | 1,982,000 | 1,743,000 | 2,055,000 | 1,979,000 |
| Equity capital | 920,000 | 856,000 | 919,000 | 870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 141,000 | 289,000 | 441,000 | 599,000 |
| Interest expense | 29,000 | 58,000 | 88,000 | 121,000 |
| Net interest income | 112,000 | 231,000 | 353,000 | 478,000 |
| Noninterest income | 16,000 | 36,000 | 56,000 | 77,000 |
| Noninterest expense | 112,000 | 234,000 | 365,000 | 513,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 21,000 | 38,000 | 49,000 | 47,000 |
| Income tax | 3,000 | 7,000 | 8,000 | 6,000 |
| Net income | 18,000 | 31,000 | 41,000 | 41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 890,000 | 903,000 | 913,000 | 882,000 |
| Total capital | 948,000 | 961,000 | 971,000 | 940,000 |
| Risk-weighted assets | 7,072,000 | 7,960,000 | 7,441,000 | 8,550,000 |