Call reports 2014
FREEDOM FINANCIAL BANK — 2014
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 159,389,000 | 160,226,000 | 161,768,000 | 161,519,000 |
| Total loans | 136,156,000 | 135,155,000 | 137,470,000 | 140,984,000 |
| Allowance for loan losses | 1,254,000 | 1,289,000 | 1,289,000 | 1,345,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,864,000 | 130,856,000 | 133,537,000 | 132,977,000 |
| Interest-bearing deposits | 116,335,000 | 115,406,000 | 121,909,000 | 122,284,000 |
| Noninterest-bearing deposits | 15,529,000 | 15,450,000 | 11,627,000 | 10,693,000 |
| Equity capital | 17,372,000 | 16,938,000 | 17,273,000 | 17,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,509,000 | 3,093,000 | 4,785,000 | 6,389,000 |
| Interest expense | 319,000 | 658,000 | 1,002,000 | 1,345,000 |
| Net interest income | 1,190,000 | 2,435,000 | 3,783,000 | 5,044,000 |
| Noninterest income | 31,000 | 62,000 | 97,000 | 130,000 |
| Noninterest expense | 739,000 | 1,466,000 | 2,199,000 | 2,855,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 110,000 |
| Pretax income | 452,000 | 971,000 | 1,621,000 | 2,209,000 |
| Income tax | 20,000 | 46,000 | 79,000 | 107,000 |
| Net income | 432,000 | 925,000 | 1,542,000 | 2,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,372,000 | 16,938,000 | 17,273,000 | 17,512,000 |
| Total capital | 18,626,000 | 18,227,000 | 18,562,000 | 18,857,000 |
| Risk-weighted assets | 130,809,000 | 128,238,000 | 131,474,000 | 135,266,000 |