Call reports 2017
FREEDOM BANK — 2017
What FREEDOM 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 | 167,219,000 | 174,540,000 | 177,559,000 | 175,494,000 |
| Total loans | 91,447,000 | 98,567,000 | 100,865,000 | 103,864,000 |
| Allowance for loan losses | 829,000 | 847,000 | 891,000 | 885,000 |
| Securities available for sale | 11,589,000 | 11,825,000 | 11,636,000 | 58,595,000 |
| Securities held to maturity | 51,997,000 | 51,994,000 | 51,945,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,664,000 | 129,311,000 | 127,410,000 | 118,570,000 |
| Interest-bearing deposits | 88,347,000 | 93,780,000 | 93,491,000 | 85,079,000 |
| Noninterest-bearing deposits | 33,317,000 | 35,531,000 | 33,919,000 | 33,491,000 |
| Equity capital | 17,684,000 | 18,143,000 | 18,207,000 | 16,793,000 |
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 | 1,471,000 | 2,988,000 | 4,593,000 | 6,214,000 |
| Interest expense | 192,000 | 400,000 | 659,000 | 938,000 |
| Net interest income | 1,279,000 | 2,588,000 | 3,934,000 | 5,276,000 |
| Noninterest income | 118,000 | 227,000 | 357,000 | 479,000 |
| Noninterest expense | 1,086,000 | 2,056,000 | 3,011,000 | 3,846,000 |
| Provision for loan losses | 210,000 | 225,000 | 425,000 | 390,000 |
| Pretax income | 101,000 | 534,000 | 855,000 | 1,545,000 |
| Income tax | 29,000 | 175,000 | 294,000 | 921,000 |
| Net income | 72,000 | 359,000 | 561,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,251,000 | 18,500,000 | 18,625,000 | 18,974,000 |
| Total capital | 19,080,000 | 19,347,000 | 19,516,000 | 19,859,000 |
| Risk-weighted assets | 123,562,000 | 131,021,000 | 132,640,000 | 136,315,000 |