Call reports 2016
FREEDOM BANK — 2016
What FREEDOM 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 | 165,158,000 | 173,004,000 | 176,327,000 | 165,210,000 |
| Total loans | 87,521,000 | 91,309,000 | 91,204,000 | 88,855,000 |
| Allowance for loan losses | 1,003,000 | 918,000 | 920,000 | 933,000 |
| Securities available for sale | 5,616,000 | 12,634,000 | 20,848,000 | 11,457,000 |
| Securities held to maturity | 60,227,000 | 57,202,000 | 52,322,000 | 52,059,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,977,000 | 125,654,000 | 122,284,000 | 116,570,000 |
| Interest-bearing deposits | 95,875,000 | 97,932,000 | 92,228,000 | 86,253,000 |
| Noninterest-bearing deposits | 27,102,000 | 27,722,000 | 30,056,000 | 30,317,000 |
| Equity capital | 17,360,000 | 17,367,000 | 17,687,000 | 17,492,000 |
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 | 1,493,000 | 3,031,000 | 4,615,000 | 6,134,000 |
| Interest expense | 170,000 | 343,000 | 525,000 | 710,000 |
| Net interest income | 1,323,000 | 2,688,000 | 4,090,000 | 5,424,000 |
| Noninterest income | 99,000 | 199,000 | 356,000 | 734,000 |
| Noninterest expense | 921,000 | 1,898,000 | 2,905,000 | 3,989,000 |
| Provision for loan losses | 19,000 | 301,000 | 301,000 | 301,000 |
| Pretax income | 539,000 | 745,000 | 1,297,000 | 2,225,000 |
| Income tax | 186,000 | 252,000 | 443,000 | 778,000 |
| Net income | 353,000 | 493,000 | 854,000 | 1,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,332,000 | 17,216,000 | 17,540,000 | 18,214,000 |
| Total capital | 18,335,000 | 18,134,000 | 18,460,000 | 19,147,000 |
| Risk-weighted assets | 110,344,000 | 119,097,000 | 122,653,000 | 120,474,000 |