Call reports 2021
AMERICAN BANK OF FREEDOM — 2021
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 509,776,000 | 526,388,000 | 625,843,000 | 643,451,000 |
| Total loans | 452,692,000 | 446,647,000 | 497,172,000 | 511,619,000 |
| Allowance for loan losses | 5,566,000 | 6,033,000 | 6,571,000 | 6,998,000 |
| Securities available for sale | 24,568,000 | 23,473,000 | 63,602,000 | 68,255,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 397,252,000 | 412,672,000 | 498,142,000 | 521,407,000 |
| Interest-bearing deposits | 351,599,000 | 353,575,000 | 421,978,000 | 443,281,000 |
| Noninterest-bearing deposits | 45,653,000 | 59,097,000 | 76,164,000 | 78,126,000 |
| Equity capital | 51,098,000 | 52,374,000 | 68,523,000 | 69,086,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,876,000 | 11,729,000 | 17,859,000 | 24,535,000 |
| Interest expense | 1,091,000 | 2,132,000 | 3,201,000 | 4,325,000 |
| Net interest income | 4,785,000 | 9,597,000 | 14,658,000 | 20,210,000 |
| Noninterest income | 1,292,000 | 2,422,000 | 3,952,000 | 5,069,000 |
| Noninterest expense | 3,225,000 | 6,503,000 | 10,404,000 | 15,119,000 |
| Provision for loan losses | 500,000 | 964,000 | 1,540,000 | 2,203,000 |
| Pretax income | 2,352,000 | 4,552,000 | 6,696,000 | 7,987,000 |
| Income tax | 543,000 | 1,053,000 | 1,549,000 | 1,946,000 |
| Net income | 1,809,000 | 3,499,000 | 5,147,000 | 6,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,218,000 | 47,709,000 | 61,714,000 | 62,663,000 |
| Total capital | 51,546,000 | 53,175,000 | 68,069,000 | 69,273,000 |
| Risk-weighted assets | 426,004,000 | 436,685,000 | 508,148,000 | 528,372,000 |