Call reports 2013
FREEPORT STATE BANK — 2013
What FREEPORT STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 24,262,000 | 25,593,000 | 23,367,000 | 23,370,000 |
| Total loans | 11,063,000 | 13,730,000 | 13,291,000 | 13,956,000 |
| Allowance for loan losses | 162,000 | 162,000 | 162,000 | 162,000 |
| Securities available for sale | 7,220,000 | 6,418,000 | 6,236,000 | 5,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,496,000 | 23,895,000 | 21,619,000 | 21,608,000 |
| Interest-bearing deposits | 18,451,000 | 19,325,000 | 18,071,000 | 18,125,000 |
| Noninterest-bearing deposits | 4,045,000 | 4,570,000 | 3,548,000 | 3,483,000 |
| Equity capital | 1,748,000 | 1,671,000 | 1,695,000 | 1,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 216,000 | 405,000 | 617,000 | 829,000 |
| Interest expense | 12,000 | 22,000 | 32,000 | 43,000 |
| Net interest income | 204,000 | 383,000 | 585,000 | 786,000 |
| Noninterest income | 58,000 | 102,000 | 142,000 | 183,000 |
| Noninterest expense | 176,000 | 385,000 | 601,000 | 871,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 86,000 | 122,000 | 166,000 | 139,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 11,000 |
| Net income | 85,000 | 119,000 | 162,000 | 128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,732,000 | 1,744,000 | 1,777,000 | 1,692,000 |
| Total capital | 1,894,000 | 1,906,000 | 1,939,000 | 1,854,000 |
| Risk-weighted assets | 16,075,000 | 15,900,000 | 15,727,000 | 15,511,000 |