Call reports 2016
FREEDOM FINANCIAL BANK — 2016
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 169,954,000 | 169,339,000 | 173,947,000 | 181,969,000 |
| Total loans | 151,032,000 | 154,671,000 | 150,951,000 | 155,747,000 |
| Allowance for loan losses | 1,433,000 | 1,463,000 | 1,493,000 | 1,523,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,786,000 | 141,063,000 | 139,437,000 | 148,572,000 |
| Interest-bearing deposits | 126,035,000 | 126,324,000 | 124,466,000 | 131,827,000 |
| Noninterest-bearing deposits | 14,751,000 | 14,739,000 | 14,971,000 | 16,745,000 |
| Equity capital | 18,179,000 | 17,900,000 | 18,045,000 | 18,369,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,710,000 | 3,459,000 | 5,217,000 | 7,021,000 |
| Interest expense | 326,000 | 673,000 | 1,034,000 | 1,396,000 |
| Net interest income | 1,384,000 | 2,786,000 | 4,183,000 | 5,625,000 |
| Noninterest income | 32,000 | 66,000 | 101,000 | 135,000 |
| Noninterest expense | 782,000 | 1,525,000 | 2,289,000 | 3,097,000 |
| Provision for loan losses | 20,000 | 50,000 | 80,000 | 110,000 |
| Pretax income | 614,000 | 1,277,000 | 1,915,000 | 2,553,000 |
| Income tax | 15,000 | 48,000 | 80,000 | 113,000 |
| Net income | 599,000 | 1,229,000 | 1,835,000 | 2,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,179,000 | 17,900,000 | 18,045,000 | 18,369,000 |
| Total capital | 19,612,000 | 19,363,000 | 19,538,000 | 19,892,000 |
| Risk-weighted assets | 148,249,000 | 153,580,000 | 148,895,000 | 151,614,000 |