Call reports 2022
AMERICAN BANK OF FREEDOM — 2022
What AMERICAN BANK OF FREEDOM reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 648,361,000 | 665,915,000 | 686,552,000 | 734,517,000 |
| Total loans | 521,480,000 | 560,107,000 | 583,695,000 | 603,642,000 |
| Allowance for loan losses | 6,821,000 | 6,942,000 | 7,445,000 | 8,238,000 |
| Securities available for sale | 64,929,000 | 61,462,000 | 59,397,000 | 59,666,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 526,421,000 | 529,717,000 | 529,092,000 | 568,781,000 |
| Interest-bearing deposits | 452,763,000 | 457,656,000 | 461,335,000 | 492,653,000 |
| Noninterest-bearing deposits | 73,658,000 | 72,061,000 | 67,757,000 | 76,128,000 |
| Equity capital | 68,306,000 | 68,415,000 | 68,868,000 | 81,729,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,414,000 | 13,281,000 | 20,652,000 | 29,528,000 |
| Interest expense | 978,000 | 2,056,000 | 3,644,000 | 6,475,000 |
| Net interest income | 5,436,000 | 11,225,000 | 17,008,000 | 23,053,000 |
| Noninterest income | 656,000 | 1,126,000 | 2,523,000 | 2,679,000 |
| Noninterest expense | 3,961,000 | 8,221,000 | 12,522,000 | 16,925,000 |
| Provision for loan losses | 72,000 | 192,000 | 692,000 | 992,000 |
| Pretax income | 2,059,000 | 3,938,000 | 6,317,000 | 7,815,000 |
| Income tax | 473,000 | 880,000 | 1,435,000 | 1,778,000 |
| Net income | 1,586,000 | 3,058,000 | 4,882,000 | 6,037,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,527,000 | 65,323,000 | 66,952,000 | 80,090,000 |
| Total capital | 71,347,000 | 72,265,000 | 74,397,000 | 88,269,000 |
| Risk-weighted assets | 561,468,000 | 610,388,000 | 626,411,000 | 654,249,000 |