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 | 388,838,000 | 388,625,000 | 390,332,000 | 400,706,000 |
| Total loans | 360,021,000 | 363,050,000 | 366,858,000 | 374,426,000 |
| Allowance for loan losses | 6,258,000 | 6,377,000 | 6,722,000 | 7,219,000 |
| Securities available for sale | 4,154,000 | 4,178,000 | 4,068,000 | 3,978,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 335,708,000 | 334,910,000 | 337,845,000 | 349,800,000 |
| Interest-bearing deposits | 269,139,000 | 270,419,000 | 268,739,000 | 275,584,000 |
| Noninterest-bearing deposits | 66,569,000 | 64,491,000 | 69,106,000 | 74,216,000 |
| Equity capital | 40,152,000 | 40,684,000 | 41,295,000 | 41,782,000 |
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 | 3,752,000 | 7,606,000 | 11,573,000 | 15,615,000 |
| Interest expense | 469,000 | 969,000 | 1,531,000 | 2,135,000 |
| Net interest income | 3,283,000 | 6,637,000 | 10,042,000 | 13,480,000 |
| Noninterest income | 519,000 | 1,036,000 | 1,693,000 | 2,432,000 |
| Noninterest expense | 1,526,000 | 3,205,000 | 4,941,000 | 6,623,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 2,186,000 | 4,288,000 | 6,524,000 | 8,929,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,186,000 | 4,288,000 | 6,524,000 | 8,929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,209,000 | 40,671,000 | 41,291,000 | 41,828,000 |
| Total capital | 44,331,000 | 44,876,000 | 46,031,000 | 46,694,000 |
| Risk-weighted assets | 327,666,000 | 334,276,000 | 377,226,000 | 386,960,000 |