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 | 362,038,000 | 365,836,000 | 358,530,000 | 368,883,000 |
| Total loans | 324,682,000 | 327,544,000 | 328,559,000 | 336,814,000 |
| Allowance for loan losses | 5,766,000 | 5,802,000 | 5,877,000 | 5,937,000 |
| Securities available for sale | 2,633,000 | 2,608,000 | 2,501,000 | 2,489,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 320,007,000 | 322,806,000 | 314,901,000 | 324,802,000 |
| Interest-bearing deposits | 260,799,000 | 262,846,000 | 255,734,000 | 262,764,000 |
| Noninterest-bearing deposits | 59,208,000 | 59,960,000 | 59,167,000 | 62,038,000 |
| Equity capital | 35,653,000 | 36,578,000 | 37,082,000 | 37,647,000 |
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 | 3,533,000 | 7,153,000 | 10,796,000 | 14,438,000 |
| Interest expense | 427,000 | 863,000 | 1,311,000 | 1,764,000 |
| Net interest income | 3,106,000 | 6,290,000 | 9,485,000 | 12,674,000 |
| Noninterest income | 582,000 | 1,149,000 | 1,751,000 | 2,357,000 |
| Noninterest expense | 1,460,000 | 2,971,000 | 4,544,000 | 6,030,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 2,138,000 | 4,288,000 | 6,422,000 | 8,641,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,138,000 | 4,288,000 | 6,422,000 | 8,641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,626,000 | 36,564,000 | 37,064,000 | 37,631,000 |
| Total capital | 39,082,000 | 40,123,000 | 40,612,000 | 41,275,000 |
| Risk-weighted assets | 274,172,000 | 282,488,000 | 281,551,000 | 289,255,000 |