Call reports 2018
FIRST FREEDOM BANK — 2018
What FIRST FREEDOM BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 460,545,000 | 465,742,000 | 463,207,000 | 477,160,000 |
| Total loans | 378,374,000 | 383,204,000 | 394,229,000 | 399,098,000 |
| Allowance for loan losses | 4,576,000 | 4,593,000 | 4,680,000 | 4,535,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 385,257,000 | 406,843,000 | 402,165,000 | 425,687,000 |
| Interest-bearing deposits | 342,252,000 | 357,689,000 | 354,721,000 | 382,520,000 |
| Noninterest-bearing deposits | 43,006,000 | 49,154,000 | 47,443,000 | 43,167,000 |
| Equity capital | 44,857,000 | 45,733,000 | 46,818,000 | 48,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,834,000 | 10,016,000 | 15,358,000 | 20,838,000 |
| Interest expense | 883,000 | 1,939,000 | 3,099,000 | 4,385,000 |
| Net interest income | 3,951,000 | 8,077,000 | 12,259,000 | 16,453,000 |
| Noninterest income | 529,000 | 1,088,000 | 1,709,000 | 2,264,000 |
| Noninterest expense | 2,813,000 | 5,589,000 | 8,427,000 | 11,110,000 |
| Provision for loan losses | 193,000 | 334,000 | 566,000 | 1,117,000 |
| Pretax income | 1,474,000 | 3,242,000 | 4,975,000 | 6,490,000 |
| Income tax | 370,000 | 816,000 | 1,253,000 | 1,366,000 |
| Net income | 1,104,000 | 2,426,000 | 3,722,000 | 5,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,722,000 | 43,642,000 | 44,771,000 | 46,233,000 |
| Total capital | 47,298,000 | 48,235,000 | 49,451,000 | 50,768,000 |
| Risk-weighted assets | 420,595,000 | 429,666,000 | 442,767,000 | 434,450,000 |