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 | 406,762,000 | 410,216,000 | 415,514,000 | 419,791,000 |
| Total loans | 376,805,000 | 385,710,000 | 393,211,000 | 395,506,000 |
| Allowance for loan losses | 7,188,000 | 7,368,000 | 7,326,000 | 7,259,000 |
| Securities available for sale | 3,389,000 | 3,354,000 | 3,120,000 | 3,116,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 352,981,000 | 351,802,000 | 351,182,000 | 357,572,000 |
| Interest-bearing deposits | 277,918,000 | 280,603,000 | 278,947,000 | 288,916,000 |
| Noninterest-bearing deposits | 75,063,000 | 71,199,000 | 72,235,000 | 68,656,000 |
| Equity capital | 41,854,000 | 42,471,000 | 43,139,000 | 44,044,000 |
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 | 4,044,000 | 8,296,000 | 12,722,000 | 17,312,000 |
| Interest expense | 654,000 | 1,395,000 | 2,268,000 | 3,297,000 |
| Net interest income | 3,390,000 | 6,901,000 | 10,454,000 | 14,015,000 |
| Noninterest income | 483,000 | 1,024,000 | 1,638,000 | 2,235,000 |
| Noninterest expense | 1,666,000 | 3,472,000 | 5,285,000 | 7,009,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,207,000 | 4,453,000 | 6,807,000 | 9,241,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,207,000 | 4,453,000 | 6,807,000 | 9,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,941,000 | 42,554,000 | 43,233,000 | 44,109,000 |
| Total capital | 46,815,000 | 47,535,000 | 48,299,000 | 49,233,000 |
| Risk-weighted assets | 387,664,000 | 396,151,000 | 403,024,000 | 407,853,000 |