Call reports 2022
FREEDOM BANK — 2022
What FREEDOM BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 559,682,000 | 553,942,000 | 548,342,000 | 555,103,000 |
| Total loans | 423,161,000 | 432,642,000 | 450,137,000 | 466,166,000 |
| Allowance for loan losses | 7,603,000 | 7,630,000 | 7,699,000 | 7,765,000 |
| Securities available for sale | 52,110,000 | 59,818,000 | 62,300,000 | 62,175,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,204,000 | 497,708,000 | 492,122,000 | 469,241,000 |
| Interest-bearing deposits | 377,165,000 | 377,219,000 | 365,138,000 | 353,201,000 |
| Noninterest-bearing deposits | 123,039,000 | 120,489,000 | 126,984,000 | 116,040,000 |
| Equity capital | 55,681,000 | 52,331,000 | 52,182,000 | 52,723,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,126,000 | 8,575,000 | 13,547,000 | 18,829,000 |
| Interest expense | 377,000 | 811,000 | 1,451,000 | 2,564,000 |
| Net interest income | 3,749,000 | 7,764,000 | 12,096,000 | 16,265,000 |
| Noninterest income | 757,000 | 1,304,000 | 1,958,000 | 2,604,000 |
| Noninterest expense | 2,011,000 | 4,162,000 | 6,284,000 | 8,375,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 2,420,000 | 4,756,000 | 7,545,000 | 10,194,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,420,000 | 4,756,000 | 7,545,000 | 10,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,643,000 | 59,216,000 | 60,210,000 | 60,733,000 |
| Total capital | 64,080,000 | 64,636,000 | 65,762,000 | 66,375,000 |
| Risk-weighted assets | 432,794,000 | 431,458,000 | 442,056,000 | 449,272,000 |