Call reports 2016
AMERICAN BANK OF FREEDOM — 2016
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 170,136,000 | 184,758,000 | 194,899,000 | 202,888,000 |
| Total loans | 139,183,000 | 152,086,000 | 164,167,000 | 171,114,000 |
| Allowance for loan losses | 1,720,000 | 1,722,000 | 1,839,000 | 1,815,000 |
| Securities available for sale | 8,113,000 | 9,179,000 | 10,639,000 | 11,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,931,000 | 148,987,000 | 152,110,000 | 169,887,000 |
| Interest-bearing deposits | 126,600,000 | 130,960,000 | 138,380,000 | 154,359,000 |
| Noninterest-bearing deposits | 13,331,000 | 18,027,000 | 13,730,000 | 15,528,000 |
| Equity capital | 19,665,000 | 20,092,000 | 20,545,000 | 20,716,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,795,000 | 3,627,000 | 5,629,000 | 7,736,000 |
| Interest expense | 288,000 | 591,000 | 916,000 | 1,285,000 |
| Net interest income | 1,507,000 | 3,036,000 | 4,713,000 | 6,451,000 |
| Noninterest income | 396,000 | 879,000 | 1,375,000 | 1,857,000 |
| Noninterest expense | 1,407,000 | 2,828,000 | 4,245,000 | 5,698,000 |
| Provision for loan losses | 9,000 | 9,000 | 36,000 | 129,000 |
| Pretax income | 490,000 | 1,093,000 | 1,822,000 | 2,496,000 |
| Income tax | 176,000 | 416,000 | 656,000 | 906,000 |
| Net income | 314,000 | 677,000 | 1,166,000 | 1,590,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,207,000 | 16,587,000 | 17,088,000 | 17,512,000 |
| Total capital | 17,892,000 | 18,309,000 | 18,927,000 | 19,327,000 |
| Risk-weighted assets | 134,840,000 | 143,371,000 | 157,381,000 | 160,232,000 |