Call reports 2005
FREEPORT STATE BANK — 2005
What FREEPORT STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 15,031,000 | 13,579,000 | 13,015,000 | 15,496,000 |
| Total loans | 7,306,000 | 7,138,000 | 7,157,000 | 7,340,000 |
| Allowance for loan losses | 58,000 | 58,000 | 58,000 | 58,000 |
| Securities available for sale | 6,201,000 | 5,511,000 | 4,979,000 | 6,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,156,000 | 12,021,000 | 12,070,000 | 14,565,000 |
| Interest-bearing deposits | 11,741,000 | 10,103,000 | 10,168,000 | 12,810,000 |
| Noninterest-bearing deposits | 2,415,000 | 1,918,000 | 1,902,000 | 1,755,000 |
| Equity capital | 840,000 | 910,000 | 892,000 | 855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 172,000 | 351,000 | 526,000 | 705,000 |
| Interest expense | 39,000 | 84,000 | 131,000 | 186,000 |
| Net interest income | 133,000 | 267,000 | 395,000 | 519,000 |
| Noninterest income | 20,000 | 43,000 | 64,000 | 90,000 |
| Noninterest expense | 115,000 | 243,000 | 379,000 | 526,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 37,000 | 64,000 | 74,000 | 77,000 |
| Income tax | 3,000 | 7,000 | 8,000 | 10,000 |
| Net income | 34,000 | 57,000 | 66,000 | 67,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 916,000 | 939,000 | 948,000 | 920,000 |
| Total capital | 974,000 | 997,000 | 1,006,000 | 978,000 |
| Risk-weighted assets | 8,386,000 | 8,049,000 | 7,918,000 | 8,179,000 |