Call reports 2017
AMERICAN BANK OF FREEDOM — 2017
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 204,209,000 | 224,517,000 | 239,276,000 | 261,472,000 |
| Total loans | 166,034,000 | 191,590,000 | 206,061,000 | 223,268,000 |
| Allowance for loan losses | 1,626,000 | 1,692,000 | 1,823,000 | 2,047,000 |
| Securities available for sale | 14,847,000 | 14,606,000 | 14,318,000 | 13,931,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,464,000 | 190,885,000 | 189,456,000 | 219,580,000 |
| Interest-bearing deposits | 168,827,000 | 170,189,000 | 173,308,000 | 196,139,000 |
| Noninterest-bearing deposits | 13,637,000 | 20,696,000 | 16,148,000 | 23,441,000 |
| Equity capital | 21,223,000 | 23,900,000 | 24,405,000 | 27,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,206,000 | 4,581,000 | 7,243,000 | 9,939,000 |
| Interest expense | 421,000 | 857,000 | 1,347,000 | 1,928,000 |
| Net interest income | 1,785,000 | 3,724,000 | 5,896,000 | 8,011,000 |
| Noninterest income | 355,000 | 900,000 | 1,380,000 | 2,422,000 |
| Noninterest expense | 1,435,000 | 3,027,000 | 4,801,000 | 6,947,000 |
| Provision for loan losses | 19,000 | 55,000 | 141,000 | 359,000 |
| Pretax income | 686,000 | 1,542,000 | 2,334,000 | 3,127,000 |
| Income tax | 240,000 | 543,000 | 808,000 | 1,157,000 |
| Net income | 446,000 | 999,000 | 1,526,000 | 1,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,958,000 | 20,512,000 | 21,038,000 | 23,982,000 |
| Total capital | 19,584,000 | 22,204,000 | 22,861,000 | 26,029,000 |
| Risk-weighted assets | 159,024,000 | 175,671,000 | 192,572,000 | 208,989,000 |