Call reports 2015
FREEPORT STATE BANK — 2015
What FREEPORT STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 26,012,000 | 24,698,000 | 24,312,000 | 23,520,000 |
| Total loans | 14,496,000 | 14,595,000 | 14,726,000 | 15,845,000 |
| Allowance for loan losses | 173,000 | 173,000 | 173,000 | 173,000 |
| Securities available for sale | 6,162,000 | 5,652,000 | 4,695,000 | 4,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,203,000 | 22,971,000 | 22,439,000 | 21,710,000 |
| Interest-bearing deposits | 19,882,000 | 19,361,000 | 18,737,000 | 17,908,000 |
| Noninterest-bearing deposits | 4,321,000 | 3,610,000 | 3,702,000 | 3,802,000 |
| Equity capital | 1,781,000 | 1,677,000 | 1,740,000 | 1,711,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 232,000 | 456,000 | 682,000 | 906,000 |
| Interest expense | 8,000 | 16,000 | 24,000 | 31,000 |
| Net interest income | 224,000 | 440,000 | 658,000 | 875,000 |
| Noninterest income | 35,000 | 69,000 | 108,000 | 150,000 |
| Noninterest expense | 228,000 | 463,000 | 712,000 | 968,000 |
| Provision for loan losses | 0 | 30,000 | 30,000 | 30,000 |
| Pretax income | 32,000 | 28,000 | 40,000 | 44,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 0 |
| Net income | 31,000 | 25,000 | 36,000 | 44,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,747,000 | 1,746,000 | 1,735,000 | 1,707,000 |
| Total capital | 1,920,000 | 1,919,000 | 1,908,000 | 1,880,000 |
| Risk-weighted assets | 14,282,000 | 14,874,000 | 14,445,000 | 15,177,000 |