Call reports 2013
FREEDOM FINANCIAL BANK — 2013
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 158,525,000 | 159,915,000 | 161,099,000 | 162,290,000 |
| Total loans | 127,764,000 | 127,694,000 | 130,370,000 | 130,847,000 |
| Allowance for loan losses | 1,191,000 | 1,191,000 | 1,220,000 | 1,291,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,470,000 | 133,599,000 | 134,544,000 | 136,202,000 |
| Interest-bearing deposits | 117,825,000 | 119,830,000 | 118,205,000 | 118,932,000 |
| Noninterest-bearing deposits | 13,645,000 | 13,769,000 | 16,339,000 | 17,270,000 |
| Equity capital | 17,073,000 | 16,788,000 | 17,031,000 | 17,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,685,000 | 3,195,000 | 4,743,000 | 6,248,000 |
| Interest expense | 360,000 | 713,000 | 1,054,000 | 1,385,000 |
| Net interest income | 1,325,000 | 2,482,000 | 3,689,000 | 4,863,000 |
| Noninterest income | 32,000 | 67,000 | 104,000 | 176,000 |
| Noninterest expense | 573,000 | 1,195,000 | 1,848,000 | 2,545,000 |
| Provision for loan losses | 50,000 | 50,000 | 80,000 | 150,000 |
| Pretax income | 734,000 | 1,304,000 | 1,865,000 | 2,344,000 |
| Income tax | 32,000 | 60,000 | 88,000 | 111,000 |
| Net income | 702,000 | 1,244,000 | 1,777,000 | 2,233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,073,000 | 16,788,000 | 17,031,000 | 17,040,000 |
| Total capital | 18,264,000 | 17,979,000 | 18,252,000 | 18,331,000 |
| Risk-weighted assets | 131,317,000 | 131,584,000 | 131,681,000 | 129,704,000 |