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 | 372,568,000 | 367,266,000 | 373,534,000 | 378,381,000 |
| Total loans | 338,241,000 | 340,747,000 | 346,310,000 | 357,138,000 |
| Allowance for loan losses | 6,040,000 | 6,120,000 | 6,127,000 | 6,205,000 |
| Securities available for sale | 4,528,000 | 5,701,000 | 5,561,000 | 4,371,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 328,320,000 | 324,948,000 | 331,087,000 | 335,410,000 |
| Interest-bearing deposits | 266,383,000 | 263,381,000 | 266,588,000 | 271,213,000 |
| Noninterest-bearing deposits | 61,937,000 | 61,567,000 | 64,499,000 | 64,197,000 |
| Equity capital | 38,099,000 | 38,828,000 | 39,241,000 | 39,816,000 |
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 | 3,651,000 | 7,310,000 | 11,025,000 | 14,790,000 |
| Interest expense | 455,000 | 916,000 | 1,353,000 | 1,795,000 |
| Net interest income | 3,196,000 | 6,394,000 | 9,672,000 | 12,995,000 |
| Noninterest income | 600,000 | 1,841,000 | 2,468,000 | 3,196,000 |
| Noninterest expense | 1,472,000 | 3,052,000 | 4,588,000 | 6,118,000 |
| Provision for loan losses | 90,000 | 570,000 | 660,000 | 750,000 |
| Pretax income | 2,234,000 | 4,613,000 | 6,892,000 | 9,323,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,234,000 | 4,613,000 | 6,892,000 | 9,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,075,000 | 38,754,000 | 39,187,000 | 39,905,000 |
| Total capital | 41,737,000 | 42,410,000 | 42,979,000 | 43,858,000 |
| Risk-weighted assets | 290,592,000 | 290,084,000 | 301,079,000 | 314,046,000 |