Call reports 2018
FREEDOM BANK — 2018
What FREEDOM BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 180,471,000 | 185,194,000 | 190,435,000 | 191,310,000 |
| Total loans | 109,628,000 | 114,191,000 | 120,267,000 | 119,298,000 |
| Allowance for loan losses | 887,000 | 920,000 | 802,000 | 925,000 |
| Securities available for sale | 57,371,000 | 56,736,000 | 55,789,000 | 56,910,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,852,000 | 119,710,000 | 124,202,000 | 111,944,000 |
| Interest-bearing deposits | 97,654,000 | 83,201,000 | 83,777,000 | 73,679,000 |
| Noninterest-bearing deposits | 36,198,000 | 36,509,000 | 40,425,000 | 38,265,000 |
| Equity capital | 16,158,000 | 16,162,000 | 15,734,000 | 16,924,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,632,000 | 3,363,000 | 5,270,000 | 7,185,000 |
| Interest expense | 304,000 | 679,000 | 1,154,000 | 1,692,000 |
| Net interest income | 1,328,000 | 2,684,000 | 4,116,000 | 5,493,000 |
| Noninterest income | 132,000 | 261,000 | 412,000 | 689,000 |
| Noninterest expense | 1,098,000 | 2,174,000 | 3,399,000 | 4,550,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 362,000 | 771,000 | 1,129,000 | 1,532,000 |
| Income tax | 84,000 | 113,000 | 195,000 | 290,000 |
| Net income | 278,000 | 658,000 | 934,000 | 1,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,217,000 | 19,596,000 | 19,871,000 | 20,143,000 |
| Total capital | 20,104,000 | 20,516,000 | 20,673,000 | 21,068,000 |
| Risk-weighted assets | 140,348,000 | 160,384,000 | 154,186,000 | 155,453,000 |