Call report 2024Q1
FREEDOM BANK — 2024Q1
The 22 measures FREEDOM BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 583,037,000 | USD | evidence → |
| Total loans | 468,881,000 | USD | evidence → |
| Allowance for loan losses | 8,017,000 | USD | evidence → |
| Securities available for sale | 55,141,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 478,128,000 | USD | evidence → |
| Interest-bearing deposits | 366,764,000 | USD | evidence → |
| Noninterest-bearing deposits | 111,364,000 | USD | evidence → |
| Equity capital | 57,277,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 6,625,000 | USD | evidence → |
| Interest expense | 3,178,000 | USD | evidence → |
| Net interest income | 3,447,000 | USD | evidence → |
| Noninterest income | 636,000 | USD | evidence → |
| Noninterest expense | 2,174,000 | USD | evidence → |
| Provision for loan losses | -52,000 | USD | evidence → |
| Pretax income | 1,961,000 | USD | evidence → |
| Income tax | 0 | USD | evidence → |
| Net income | 1,961,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 65,134,000 | USD | evidence → |
| Total capital | 70,799,000 | USD | evidence → |
| Risk-weighted assets | 450,877,000 | USD | evidence → |