Call reports 2015
FREEDOM BANK — 2015
What FREEDOM 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 | 159,035,000 | 156,727,000 | 161,823,000 | 164,296,000 |
| Total loans | 91,208,000 | 88,875,000 | 92,601,000 | 86,664,000 |
| Allowance for loan losses | 1,250,000 | 1,355,000 | 1,356,000 | 983,000 |
| Securities available for sale | 6,475,000 | 6,070,000 | 5,973,000 | 5,623,000 |
| Securities held to maturity | 50,222,000 | 50,221,000 | 50,221,000 | 60,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,666,000 | 116,180,000 | 120,603,000 | 122,821,000 |
| Interest-bearing deposits | 95,810,000 | 92,832,000 | 93,827,000 | 94,262,000 |
| Noninterest-bearing deposits | 23,856,000 | 23,348,000 | 26,776,000 | 28,559,000 |
| Equity capital | 17,884,000 | 18,072,000 | 18,509,000 | 16,978,000 |
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 | 1,491,000 | 2,980,000 | 4,529,000 | 5,999,000 |
| Interest expense | 153,000 | 310,000 | 465,000 | 618,000 |
| Net interest income | 1,338,000 | 2,670,000 | 4,064,000 | 5,381,000 |
| Noninterest income | 96,000 | 200,000 | 169,000 | 310,000 |
| Noninterest expense | 1,048,000 | 2,025,000 | 2,781,000 | 3,730,000 |
| Provision for loan losses | 105,000 | 210,000 | 210,000 | -163,000 |
| Pretax income | 281,000 | 635,000 | 1,242,000 | 2,124,000 |
| Income tax | 91,000 | 210,000 | 421,000 | 738,000 |
| Net income | 190,000 | 425,000 | 821,000 | 1,386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,897,000 | 18,133,000 | 18,528,000 | 17,016,000 |
| Total capital | 19,147,000 | 19,488,000 | 19,884,000 | 17,999,000 |
| Risk-weighted assets | 111,512,000 | 110,422,000 | 113,206,000 | 110,373,000 |