Call reports 2015
AMERICAN BANK OF FREEDOM — 2015
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 154,132,000 | 160,907,000 | 160,561,000 | 166,835,000 |
| Total loans | 119,039,000 | 132,078,000 | 131,834,000 | 137,063,000 |
| Allowance for loan losses | 1,670,000 | 1,672,000 | 1,825,000 | 1,709,000 |
| Securities available for sale | 8,342,000 | 9,843,000 | 9,592,000 | 8,984,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,128,000 | 121,621,000 | 121,780,000 | 131,103,000 |
| Interest-bearing deposits | 112,991,000 | 107,687,000 | 108,986,000 | 117,582,000 |
| Noninterest-bearing deposits | 15,137,000 | 13,934,000 | 12,794,000 | 13,521,000 |
| Equity capital | 18,374,000 | 18,673,000 | 19,053,000 | 19,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,519,000 | 3,059,000 | 4,707,000 | 6,591,000 |
| Interest expense | 218,000 | 443,000 | 688,000 | 944,000 |
| Net interest income | 1,301,000 | 2,616,000 | 4,019,000 | 5,647,000 |
| Noninterest income | 380,000 | 907,000 | 1,485,000 | 1,705,000 |
| Noninterest expense | 1,192,000 | 2,548,000 | 3,995,000 | 5,418,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 489,000 | 975,000 | 1,513,000 | 1,918,000 |
| Income tax | 203,000 | 359,000 | 545,000 | 651,000 |
| Net income | 286,000 | 616,000 | 968,000 | 1,267,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,874,000 | 15,216,000 | 15,575,000 | 15,890,000 |
| Total capital | 16,166,000 | 16,714,000 | 17,128,000 | 17,551,000 |
| Risk-weighted assets | 102,993,000 | 119,737,000 | 123,999,000 | 132,839,000 |