Call reports 2019
AMERICAN BANK OF FREEDOM — 2019
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 349,060,000 | 392,834,000 | 394,871,000 | 388,069,000 |
| Total loans | 287,469,000 | 326,688,000 | 323,817,000 | 335,751,000 |
| Allowance for loan losses | 2,540,000 | 2,890,000 | 2,875,000 | 3,285,000 |
| Securities available for sale | 22,462,000 | 22,207,000 | 21,526,000 | 25,537,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,954,000 | 305,270,000 | 306,399,000 | 298,308,000 |
| Interest-bearing deposits | 239,158,000 | 273,684,000 | 277,432,000 | 266,717,000 |
| Noninterest-bearing deposits | 35,796,000 | 31,586,000 | 28,967,000 | 31,591,000 |
| Equity capital | 36,107,000 | 39,050,000 | 39,864,000 | 43,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,924,000 | 8,669,000 | 13,763,000 | 18,835,000 |
| Interest expense | 1,209,000 | 2,881,000 | 4,725,000 | 6,507,000 |
| Net interest income | 2,715,000 | 5,788,000 | 9,038,000 | 12,328,000 |
| Noninterest income | 781,000 | 1,791,000 | 2,371,000 | 3,542,000 |
| Noninterest expense | 2,522,000 | 5,305,000 | 7,971,000 | 10,906,000 |
| Provision for loan losses | 140,000 | 488,000 | 570,000 | 978,000 |
| Pretax income | 834,000 | 1,786,000 | 2,868,000 | 3,986,000 |
| Income tax | 187,000 | 417,000 | 691,000 | 969,000 |
| Net income | 647,000 | 1,369,000 | 2,177,000 | 3,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,668,000 | 35,391,000 | 36,198,000 | 40,038,000 |
| Total capital | 35,208,000 | 38,281,000 | 39,073,000 | 43,323,000 |
| Risk-weighted assets | 270,726,000 | 318,696,000 | 319,236,000 | 319,166,000 |