Call reports 2009
FREEPORT STATE BANK — 2009
What FREEPORT STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 16,927,000 | 19,291,000 | 19,600,000 | 20,928,000 |
| Total loans | 10,424,000 | 9,811,000 | 10,715,000 | 11,164,000 |
| Allowance for loan losses | 143,000 | 161,000 | 154,000 | 95,000 |
| Securities available for sale | 5,347,000 | 6,853,000 | 7,686,000 | 7,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,260,000 | 18,068,000 | 18,326,000 | 19,085,000 |
| Interest-bearing deposits | 12,962,000 | 15,881,000 | 16,019,000 | 16,995,000 |
| Noninterest-bearing deposits | 2,298,000 | 2,187,000 | 2,307,000 | 2,090,000 |
| Equity capital | 1,378,000 | 1,148,000 | 1,201,000 | 1,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 222,000 | 435,000 | 650,000 | 858,000 |
| Interest expense | 49,000 | 97,000 | 146,000 | 191,000 |
| Net interest income | 173,000 | 338,000 | 504,000 | 667,000 |
| Noninterest income | 22,000 | 13,000 | 21,000 | 54,000 |
| Noninterest expense | 151,000 | 333,000 | 509,000 | 727,000 |
| Provision for loan losses | 20,000 | 181,000 | 181,000 | 192,000 |
| Pretax income | 25,000 | -132,000 | -138,000 | -168,000 |
| Income tax | 4,000 | 6,000 | 6,000 | -57,000 |
| Net income | 21,000 | -138,000 | -144,000 | -111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,329,000 | 1,170,000 | 1,163,000 | 1,575,000 |
| Total capital | 1,463,000 | 1,305,000 | 1,302,000 | 1,670,000 |
| Risk-weighted assets | 10,696,000 | 10,740,000 | 11,104,000 | 12,016,000 |