Call reports 2019
FIRST FREEDOM BANK — 2019
What FIRST FREEDOM BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 479,201,000 | 467,836,000 | 484,408,000 | 487,995,000 |
| Total loans | 395,389,000 | 404,478,000 | 416,254,000 | 415,715,000 |
| Allowance for loan losses | 4,430,000 | 4,357,000 | 4,298,000 | 4,924,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 427,280,000 | 415,013,000 | 421,105,000 | 429,850,000 |
| Interest-bearing deposits | 381,204,000 | 370,703,000 | 374,289,000 | 384,382,000 |
| Noninterest-bearing deposits | 46,076,000 | 44,310,000 | 46,816,000 | 45,467,000 |
| Equity capital | 48,862,000 | 49,767,000 | 50,952,000 | 51,432,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,543,000 | 11,263,000 | 17,137,000 | 22,965,000 |
| Interest expense | 1,422,000 | 2,909,000 | 4,466,000 | 6,034,000 |
| Net interest income | 4,121,000 | 8,354,000 | 12,671,000 | 16,931,000 |
| Noninterest income | 533,000 | 1,168,000 | 1,816,000 | 2,394,000 |
| Noninterest expense | 2,852,000 | 5,711,000 | 8,595,000 | 11,161,000 |
| Provision for loan losses | 0 | 104,000 | 104,000 | 829,000 |
| Pretax income | 1,802,000 | 3,707,000 | 5,788,000 | 7,335,000 |
| Income tax | 446,000 | 875,000 | 1,350,000 | 1,545,000 |
| Net income | 1,356,000 | 2,832,000 | 4,438,000 | 5,790,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,916,000 | 47,866,000 | 49,095,000 | 49,619,000 |
| Total capital | 51,346,000 | 52,223,000 | 53,393,000 | 54,543,000 |
| Risk-weighted assets | 440,808,000 | 452,976,000 | 472,245,000 | 466,028,000 |