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 | 422,958,000 | 441,267,000 | 440,159,000 | 447,085,000 |
| Total loans | 397,836,000 | 392,406,000 | 395,018,000 | 398,028,000 |
| Allowance for loan losses | 7,253,000 | 7,106,000 | 7,088,000 | 7,048,000 |
| Securities available for sale | 3,028,000 | 3,032,000 | 2,731,000 | 6,514,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 374,269,000 | 391,621,000 | 389,324,000 | 395,502,000 |
| Interest-bearing deposits | 299,501,000 | 319,884,000 | 314,867,000 | 319,582,000 |
| Noninterest-bearing deposits | 74,768,000 | 71,737,000 | 74,457,000 | 75,920,000 |
| Equity capital | 44,711,000 | 45,606,000 | 46,514,000 | 47,313,000 |
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 | 4,629,000 | 9,470,000 | 14,327,000 | 19,177,000 |
| Interest expense | 1,190,000 | 2,454,000 | 3,673,000 | 4,886,000 |
| Net interest income | 3,439,000 | 7,016,000 | 10,654,000 | 14,291,000 |
| Noninterest income | 519,000 | 1,167,000 | 1,795,000 | 2,513,000 |
| Noninterest expense | 1,725,000 | 3,549,000 | 5,415,000 | 7,325,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,233,000 | 4,634,000 | 7,034,000 | 9,479,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,233,000 | 4,634,000 | 7,034,000 | 9,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,740,000 | 45,594,000 | 46,496,000 | 47,293,000 |
| Total capital | 49,862,000 | 50,257,000 | 51,248,000 | 52,058,000 |
| Risk-weighted assets | 407,649,000 | 370,661,000 | 377,829,000 | 378,982,000 |