Call reports 2011
FREEPORT STATE BANK — 2011
What FREEPORT STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 19,501,000 | 20,036,000 | 19,890,000 | 23,497,000 |
| Total loans | 10,451,000 | 10,474,000 | 10,006,000 | 10,518,000 |
| Allowance for loan losses | 201,000 | 193,000 | 183,000 | 176,000 |
| Securities available for sale | 6,476,000 | 5,765,000 | 6,140,000 | 6,313,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,021,000 | 18,407,000 | 18,180,000 | 21,782,000 |
| Interest-bearing deposits | 14,630,000 | 14,984,000 | 15,126,000 | 17,397,000 |
| Noninterest-bearing deposits | 3,391,000 | 3,423,000 | 3,054,000 | 4,385,000 |
| Equity capital | 1,421,000 | 1,572,000 | 1,648,000 | 1,661,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 187,000 | 372,000 | 547,000 | 737,000 |
| Interest expense | 31,000 | 56,000 | 78,000 | 96,000 |
| Net interest income | 156,000 | 316,000 | 469,000 | 641,000 |
| Noninterest income | 35,000 | 80,000 | 120,000 | 163,000 |
| Noninterest expense | 165,000 | 367,000 | 577,000 | 823,000 |
| Provision for loan losses | 3,000 | -12,000 | -22,000 | -29,000 |
| Pretax income | 19,000 | 36,000 | 31,000 | 36,000 |
| Income tax | 1,000 | 2,000 | -1,000 | -26,000 |
| Net income | 18,000 | 34,000 | 32,000 | 62,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,527,000 | 1,536,000 | 1,553,000 | 1,545,000 |
| Total capital | 1,672,000 | 1,686,000 | 1,697,000 | 1,721,000 |
| Risk-weighted assets | 11,542,000 | 11,917,000 | 11,467,000 | 14,245,000 |