Call reports 2007
FREEPORT STATE BANK — 2007
What FREEPORT STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 15,070,000 | 16,412,000 | 16,801,000 | 18,247,000 |
| Total loans | 7,713,000 | 8,414,000 | 8,506,000 | 9,120,000 |
| Allowance for loan losses | 58,000 | 58,000 | 58,000 | 58,000 |
| Securities available for sale | 5,744,000 | 6,719,000 | 7,162,000 | 7,872,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,086,000 | 14,090,000 | 14,925,000 | 17,112,000 |
| Interest-bearing deposits | 11,910,000 | 12,237,000 | 12,577,000 | 14,908,000 |
| Noninterest-bearing deposits | 2,176,000 | 1,853,000 | 2,348,000 | 2,204,000 |
| Equity capital | 919,000 | 936,000 | 1,010,000 | 1,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 229,000 | 475,000 | 732,000 | 994,000 |
| Interest expense | 91,000 | 187,000 | 289,000 | 395,000 |
| Net interest income | 138,000 | 288,000 | 443,000 | 599,000 |
| Noninterest income | 21,000 | 52,000 | 77,000 | 107,000 |
| Noninterest expense | 133,000 | 281,000 | 435,000 | 608,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 25,000 | 59,000 | 84,000 | 97,000 |
| Income tax | 3,000 | 8,000 | 8,000 | 19,000 |
| Net income | 22,000 | 51,000 | 76,000 | 78,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 946,000 | 981,000 | 1,006,000 | 980,000 |
| Total capital | 1,004,000 | 1,039,000 | 1,064,000 | 1,038,000 |
| Risk-weighted assets | 8,636,000 | 9,440,000 | 9,298,000 | 9,932,000 |