Call reports 2015
FREEDOM FINANCIAL BANK — 2015
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 163,908,000 | 177,295,000 | 168,271,000 | 165,474,000 |
| Total loans | 144,166,000 | 143,565,000 | 143,693,000 | 148,536,000 |
| Allowance for loan losses | 1,355,000 | 1,385,000 | 1,385,000 | 1,413,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,683,000 | 150,347,000 | 141,113,000 | 139,019,000 |
| Interest-bearing deposits | 122,477,000 | 134,158,000 | 127,311,000 | 124,819,000 |
| Noninterest-bearing deposits | 14,206,000 | 16,189,000 | 13,802,000 | 14,200,000 |
| Equity capital | 18,028,000 | 17,573,000 | 17,883,000 | 18,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,604,000 | 3,300,000 | 4,950,000 | 6,608,000 |
| Interest expense | 338,000 | 668,000 | 1,000,000 | 1,321,000 |
| Net interest income | 1,266,000 | 2,632,000 | 3,950,000 | 5,287,000 |
| Noninterest income | 71,000 | 110,000 | 155,000 | 188,000 |
| Noninterest expense | 703,000 | 1,407,000 | 2,109,000 | 2,822,000 |
| Provision for loan losses | 10,000 | 40,000 | 40,000 | 68,000 |
| Pretax income | 624,000 | 1,295,000 | 1,956,000 | 2,585,000 |
| Income tax | 23,000 | 56,000 | 89,000 | 121,000 |
| Net income | 601,000 | 1,239,000 | 1,867,000 | 2,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,028,000 | 17,573,000 | 17,883,000 | 18,033,000 |
| Total capital | 19,383,000 | 18,958,000 | 19,268,000 | 19,446,000 |
| Risk-weighted assets | 140,953,000 | 141,800,000 | 141,954,000 | 145,134,000 |