Call reports 2010
FREEPORT STATE BANK — 2010
What FREEPORT STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 19,098,000 | 21,672,000 | 19,770,000 | 23,180,000 |
| Total loans | 11,060,000 | 10,894,000 | 10,390,000 | 11,023,000 |
| Allowance for loan losses | 114,000 | 219,000 | 198,000 | 198,000 |
| Securities available for sale | 4,974,000 | 6,166,000 | 6,974,000 | 8,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,405,000 | 20,059,000 | 17,953,000 | 21,767,000 |
| Interest-bearing deposits | 14,859,000 | 17,580,000 | 15,486,000 | 19,325,000 |
| Noninterest-bearing deposits | 2,546,000 | 2,479,000 | 2,467,000 | 2,442,000 |
| Equity capital | 1,650,000 | 1,557,000 | 1,531,000 | 1,368,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 202,000 | 402,000 | 596,000 | 781,000 |
| Interest expense | 42,000 | 85,000 | 126,000 | 165,000 |
| Net interest income | 160,000 | 317,000 | 470,000 | 616,000 |
| Noninterest income | 33,000 | 70,000 | 104,000 | 142,000 |
| Noninterest expense | 174,000 | 370,000 | 578,000 | 831,000 |
| Provision for loan losses | 19,000 | 159,000 | 175,000 | 175,000 |
| Pretax income | 15,000 | -115,000 | -136,000 | -200,000 |
| Income tax | 2,000 | 4,000 | 3,000 | -74,000 |
| Net income | 13,000 | -119,000 | -139,000 | -126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,638,000 | 1,510,000 | 1,480,000 | 1,430,000 |
| Total capital | 1,752,000 | 1,663,000 | 1,622,000 | 1,591,000 |
| Risk-weighted assets | 11,685,000 | 12,149,000 | 11,331,000 | 12,835,000 |