Call reports 2017
FREEPORT STATE BANK — 2017
What FREEPORT STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 23,600,000 | 23,711,000 | 22,082,000 | 22,030,000 |
| Total loans | 15,466,000 | 15,459,000 | 15,285,000 | 14,149,000 |
| Allowance for loan losses | 314,000 | 330,000 | 426,000 | 334,000 |
| Securities available for sale | 4,065,000 | 3,752,000 | 3,094,000 | 5,427,000 |
| Securities held to maturity | 414,000 | 414,000 | 414,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,123,000 | 22,157,000 | 20,645,000 | 19,761,000 |
| Interest-bearing deposits | 18,238,000 | 18,574,000 | 17,439,000 | 16,481,000 |
| Noninterest-bearing deposits | 3,885,000 | 3,583,000 | 3,206,000 | 3,280,000 |
| Equity capital | 1,452,000 | 1,514,000 | 1,380,000 | 1,042,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 234,000 | 467,000 | 695,000 | 931,000 |
| Interest expense | 12,000 | 24,000 | 34,000 | 54,000 |
| Net interest income | 222,000 | 443,000 | 661,000 | 877,000 |
| Noninterest income | 34,000 | 68,000 | 100,000 | 136,000 |
| Noninterest expense | 233,000 | 485,000 | 741,000 | 1,005,000 |
| Provision for loan losses | -9,000 | 7,000 | 133,000 | 347,000 |
| Pretax income | 32,000 | 20,000 | -111,000 | -336,000 |
| Income tax | 1,000 | 3,000 | 0 | 114,000 |
| Net income | 31,000 | 17,000 | -111,000 | -450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,534,000 | 1,494,000 | 1,331,000 | 1,091,000 |
| Total capital | 1,715,000 | 1,676,000 | 1,509,000 | 1,254,000 |
| Risk-weighted assets | 14,352,000 | 14,433,000 | 13,986,000 | 12,921,000 |