Call reports 2016
FREEPORT STATE BANK — 2016
What FREEPORT STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 24,502,000 | 25,143,000 | 23,400,000 | 23,442,000 |
| Total loans | 14,743,000 | 15,085,000 | 14,572,000 | 16,390,000 |
| Allowance for loan losses | 186,000 | 156,000 | 156,000 | 323,000 |
| Securities available for sale | 3,820,000 | 5,135,000 | 5,824,000 | 4,258,000 |
| Securities held to maturity | 0 | 0 | 0 | 424,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,738,000 | 23,295,000 | 21,560,000 | 21,068,000 |
| Interest-bearing deposits | 18,885,000 | 19,837,000 | 18,261,000 | 17,563,000 |
| Noninterest-bearing deposits | 3,853,000 | 3,458,000 | 3,299,000 | 3,505,000 |
| Equity capital | 1,742,000 | 1,812,000 | 1,787,000 | 1,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 228,000 | 456,000 | 680,000 | 899,000 |
| Interest expense | 8,000 | 16,000 | 23,000 | 32,000 |
| Net interest income | 220,000 | 440,000 | 657,000 | 867,000 |
| Noninterest income | 24,000 | 75,000 | 114,000 | 149,000 |
| Noninterest expense | 215,000 | 472,000 | 733,000 | 1,026,000 |
| Provision for loan losses | 13,000 | -17,000 | -17,000 | 150,000 |
| Pretax income | 20,000 | 78,000 | 82,000 | -128,000 |
| Income tax | 1,000 | 2,000 | 4,000 | -31,000 |
| Net income | 19,000 | 76,000 | 78,000 | -97,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,717,000 | 1,740,000 | 1,732,000 | 1,504,000 |
| Total capital | 1,901,000 | 1,896,000 | 1,888,000 | 1,692,000 |
| Risk-weighted assets | 14,746,000 | 14,624,000 | 14,146,000 | 14,940,000 |