Call report 2024Q2
FREEDOM BANK — 2024Q2
The 22 measures FREEDOM BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 573,089,000 | USD | evidence → |
| Total loans | 474,297,000 | USD | evidence → |
| Allowance for loan losses | 8,025,000 | USD | evidence → |
| Securities available for sale | 54,409,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 482,843,000 | USD | evidence → |
| Interest-bearing deposits | 371,703,000 | USD | evidence → |
| Noninterest-bearing deposits | 111,140,000 | USD | evidence → |
| Equity capital | 58,556,000 | 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 | 13,388,000 | USD | evidence → |
| Interest expense | 6,443,000 | USD | evidence → |
| Net interest income | 6,945,000 | USD | evidence → |
| Noninterest income | 1,299,000 | USD | evidence → |
| Noninterest expense | 4,394,000 | USD | evidence → |
| Provision for loan losses | -38,000 | USD | evidence → |
| Pretax income | 3,777,000 | USD | evidence → |
| Income tax | 0 | USD | evidence → |
| Net income | 3,777,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 65,983,000 | USD | evidence → |
| Total capital | 72,048,000 | USD | evidence → |
| Risk-weighted assets | 483,132,000 | USD | evidence → |