FACTANKER · measured, cited, anchored official records connected

Call report 2023Q1

FREEDOM BANK — 2023Q1

The 22 measures FREEDOM BANK reported to the FFIEC for 2023Q1, each linked to its source filing.

PERIOD: 2023Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1270643e-19cd-4492-b82f-e5927749839d/2023Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets556,567,000USDevidence →
Total loans463,430,000USDevidence →
Allowance for loan losses8,150,000USDevidence →
Securities available for sale62,250,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits469,408,000USDevidence →
Interest-bearing deposits350,466,000USDevidence →
Noninterest-bearing deposits118,942,000USDevidence →
Equity capital53,877,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income5,494,000USDevidence →
Interest expense1,933,000USDevidence →
Net interest income3,561,000USDevidence →
Noninterest income708,000USDevidence →
Noninterest expense2,121,000USDevidence →
Provision for loan losses34,000USDevidence →
Pretax income2,114,000USDevidence →
Income tax0USDevidence →
Net income2,114,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital61,139,000USDevidence →
Total capital66,722,000USDevidence →
Risk-weighted assets444,123,000USDevidence →