Call reports 2014
FREEPORT STATE BANK — 2014
What FREEPORT STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 26,362,000 | 25,303,000 | 26,099,000 | 26,286,000 |
| Total loans | 13,422,000 | 14,056,000 | 14,212,000 | 15,351,000 |
| Allowance for loan losses | 162,000 | 182,000 | 212,000 | 242,000 |
| Securities available for sale | 6,850,000 | 7,020,000 | 6,531,000 | 5,279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,648,000 | 23,498,000 | 24,264,000 | 23,943,000 |
| Interest-bearing deposits | 18,978,000 | 18,826,000 | 19,793,000 | 18,681,000 |
| Noninterest-bearing deposits | 5,670,000 | 4,672,000 | 4,471,000 | 5,262,000 |
| Equity capital | 1,687,000 | 1,758,000 | 1,770,000 | 1,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 218,000 | 430,000 | 648,000 | 879,000 |
| Interest expense | 11,000 | 20,000 | 29,000 | 38,000 |
| Net interest income | 207,000 | 410,000 | 619,000 | 841,000 |
| Noninterest income | 36,000 | 80,000 | 118,000 | 160,000 |
| Noninterest expense | 191,000 | 414,000 | 639,000 | 888,000 |
| Provision for loan losses | 0 | 20,000 | 70,000 | 100,000 |
| Pretax income | 56,000 | 85,000 | 63,000 | 57,000 |
| Income tax | 1,000 | 2,000 | 1,000 | -4,000 |
| Net income | 55,000 | 83,000 | 62,000 | 61,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,736,000 | 1,755,000 | 1,722,000 | 1,676,000 |
| Total capital | 1,898,000 | 1,937,000 | 1,922,000 | 1,876,000 |
| Risk-weighted assets | 15,926,000 | 16,411,000 | 15,989,000 | 15,926,000 |