Call reports 2015
FIRST FREEDOM BANK — 2015
What FIRST FREEDOM BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 312,034,000 | 318,808,000 | 314,035,000 | 324,558,000 |
| Total loans | 247,131,000 | 252,479,000 | 257,239,000 | 265,350,000 |
| Allowance for loan losses | 3,405,000 | 3,504,000 | 3,619,000 | 3,820,000 |
| Securities available for sale | 1,975,000 | 1,963,000 | 1,978,000 | 1,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,796,000 | 266,672,000 | 261,725,000 | 271,038,000 |
| Interest-bearing deposits | 235,998,000 | 242,843,000 | 234,025,000 | 247,129,000 |
| Noninterest-bearing deposits | 23,798,000 | 23,829,000 | 27,700,000 | 23,909,000 |
| Equity capital | 32,884,000 | 33,519,000 | 34,297,000 | 34,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,519,000 | 7,097,000 | 10,870,000 | 14,469,000 |
| Interest expense | 458,000 | 932,000 | 1,426,000 | 1,931,000 |
| Net interest income | 3,061,000 | 6,165,000 | 9,444,000 | 12,538,000 |
| Noninterest income | 598,000 | 1,066,000 | 1,432,000 | 1,824,000 |
| Noninterest expense | 2,236,000 | 4,189,000 | 6,127,000 | 8,100,000 |
| Provision for loan losses | 262,000 | 362,000 | 551,000 | 762,000 |
| Pretax income | 1,467,000 | 2,986,000 | 4,504,000 | 5,806,000 |
| Income tax | 534,000 | 1,061,000 | 1,600,000 | 2,063,000 |
| Net income | 933,000 | 1,925,000 | 2,904,000 | 3,743,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,901,000 | 33,544,000 | 34,312,000 | 34,939,000 |
| Total capital | 36,210,000 | 36,995,000 | 37,793,000 | 38,697,000 |
| Risk-weighted assets | 264,659,000 | 276,074,000 | 278,372,000 | 300,622,000 |