Call reports 2018
AMERICAN BANK OF FREEDOM — 2018
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 274,995,000 | 285,691,000 | 325,478,000 | 311,829,000 |
| Total loans | 231,324,000 | 247,091,000 | 261,473,000 | 256,905,000 |
| Allowance for loan losses | 2,171,000 | 2,353,000 | 2,517,000 | 2,518,000 |
| Securities available for sale | 15,628,000 | 15,173,000 | 18,346,000 | 20,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,100,000 | 236,665,000 | 267,621,000 | 256,493,000 |
| Interest-bearing deposits | 207,855,000 | 209,715,000 | 244,028,000 | 226,812,000 |
| Noninterest-bearing deposits | 20,245,000 | 26,950,000 | 23,593,000 | 29,681,000 |
| Equity capital | 27,786,000 | 29,912,000 | 33,398,000 | 34,218,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,168,000 | 6,442,000 | 10,055,000 | 13,886,000 |
| Interest expense | 718,000 | 1,457,000 | 2,480,000 | 3,689,000 |
| Net interest income | 2,450,000 | 4,985,000 | 7,575,000 | 10,197,000 |
| Noninterest income | 761,000 | 1,450,000 | 2,260,000 | 3,101,000 |
| Noninterest expense | 2,030,000 | 4,239,000 | 6,688,000 | 9,326,000 |
| Provision for loan losses | 270,000 | 450,000 | 612,000 | 612,000 |
| Pretax income | 911,000 | 1,746,000 | 2,535,000 | 3,360,000 |
| Income tax | 212,000 | 399,000 | 612,000 | 821,000 |
| Net income | 699,000 | 1,347,000 | 1,923,000 | 2,539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,681,000 | 26,828,000 | 30,405,000 | 31,021,000 |
| Total capital | 26,852,000 | 29,181,000 | 32,922,000 | 33,539,000 |
| Risk-weighted assets | 221,311,000 | 232,801,000 | 248,099,000 | 246,761,000 |