Call reports 2014
AMERICAN BANK OF FREEDOM — 2014
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 127,337,000 | 132,805,000 | 136,980,000 | 146,069,000 |
| Total loans | 99,133,000 | 103,071,000 | 109,852,000 | 115,763,000 |
| Allowance for loan losses | 1,551,000 | 1,559,000 | 1,562,000 | 1,668,000 |
| Securities available for sale | 9,026,000 | 8,489,000 | 9,176,000 | 8,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,824,000 | 97,814,000 | 102,544,000 | 110,666,000 |
| Interest-bearing deposits | 89,083,000 | 87,665,000 | 91,565,000 | 99,783,000 |
| Noninterest-bearing deposits | 9,741,000 | 10,149,000 | 10,979,000 | 10,883,000 |
| Equity capital | 17,136,000 | 17,470,000 | 17,801,000 | 18,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,383,000 | 2,778,000 | 4,211,000 | 5,671,000 |
| Interest expense | 165,000 | 332,000 | 507,000 | 697,000 |
| Net interest income | 1,218,000 | 2,446,000 | 3,704,000 | 4,974,000 |
| Noninterest income | 301,000 | 695,000 | 1,206,000 | 1,638,000 |
| Noninterest expense | 1,018,000 | 2,162,000 | 3,376,000 | 4,585,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 109,000 |
| Pretax income | 491,000 | 981,000 | 1,546,000 | 1,905,000 |
| Income tax | 179,000 | 371,000 | 597,000 | 701,000 |
| Net income | 312,000 | 610,000 | 949,000 | 1,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,477,000 | 13,805,000 | 14,173,000 | 14,458,000 |
| Total capital | 14,589,000 | 14,944,000 | 15,316,000 | 15,716,000 |
| Risk-weighted assets | 88,466,000 | 90,643,000 | 91,519,000 | 100,164,000 |