Call reports 2017
FIRST FREEDOM BANK — 2017
What FIRST FREEDOM BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 430,053,000 | 420,693,000 | 443,081,000 | 444,332,000 |
| Total loans | 333,376,000 | 346,552,000 | 367,741,000 | 364,925,000 |
| Allowance for loan losses | 4,212,000 | 4,235,000 | 4,382,000 | 4,554,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,532,000 | 347,721,000 | 368,892,000 | 369,844,000 |
| Interest-bearing deposits | 308,952,000 | 301,599,000 | 321,932,000 | 324,113,000 |
| Noninterest-bearing deposits | 48,580,000 | 46,121,000 | 46,960,000 | 45,731,000 |
| Equity capital | 42,721,000 | 43,503,000 | 44,380,000 | 44,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,267,000 | 8,769,000 | 13,556,000 | 18,503,000 |
| Interest expense | 607,000 | 1,239,000 | 1,963,000 | 2,742,000 |
| Net interest income | 3,660,000 | 7,530,000 | 11,593,000 | 15,761,000 |
| Noninterest income | 488,000 | 1,034,000 | 1,652,000 | 2,301,000 |
| Noninterest expense | 2,784,000 | 5,483,000 | 8,165,000 | 10,814,000 |
| Provision for loan losses | 0 | 97,000 | 314,000 | 627,000 |
| Pretax income | 1,364,000 | 2,984,000 | 4,766,000 | 6,621,000 |
| Income tax | 485,000 | 1,060,000 | 1,693,000 | 3,120,000 |
| Net income | 879,000 | 1,924,000 | 3,073,000 | 3,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,714,000 | 41,531,000 | 42,444,000 | 42,358,000 |
| Total capital | 44,926,000 | 45,766,000 | 46,826,000 | 46,912,000 |
| Risk-weighted assets | 389,709,000 | 395,323,000 | 407,025,000 | 402,984,000 |