Call reports 2019
FREEDOM BANK — 2019
What FREEDOM BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 197,180,000 | 197,352,000 | 168,019,000 | 174,756,000 |
| Total loans | 123,247,000 | 127,496,000 | 127,471,000 | 133,713,000 |
| Allowance for loan losses | 1,052,000 | 1,082,000 | 1,083,000 | 1,118,000 |
| Securities available for sale | 58,085,000 | 56,718,000 | 26,673,000 | 28,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,639,000 | 129,749,000 | 121,606,000 | 111,608,000 |
| Interest-bearing deposits | 80,914,000 | 88,889,000 | 79,901,000 | 69,593,000 |
| Noninterest-bearing deposits | 39,725,000 | 40,860,000 | 41,705,000 | 42,015,000 |
| Equity capital | 18,334,000 | 19,847,000 | 20,717,000 | 21,051,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,897,000 | 3,924,000 | 5,860,000 | 7,622,000 |
| Interest expense | 590,000 | 1,231,000 | 1,764,000 | 2,131,000 |
| Net interest income | 1,307,000 | 2,693,000 | 4,096,000 | 5,491,000 |
| Noninterest income | 133,000 | 272,000 | 410,000 | 547,000 |
| Noninterest expense | 1,205,000 | 2,417,000 | 3,574,000 | 4,641,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 235,000 | 540,000 | 1,257,000 | 1,697,000 |
| Income tax | 53,000 | 123,000 | 293,000 | 396,000 |
| Net income | 182,000 | 417,000 | 964,000 | 1,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,288,000 | 20,487,000 | 20,998,000 | 21,296,000 |
| Total capital | 21,340,000 | 21,569,000 | 22,081,000 | 22,414,000 |
| Risk-weighted assets | 159,777,000 | 165,559,000 | 162,621,000 | 170,977,000 |