Call reports 2017
FREEDOM FINANCIAL BANK — 2017
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 182,536,000 | 185,015,000 | 187,148,000 | 189,578,000 |
| Total loans | 154,717,000 | 153,368,000 | 148,657,000 | 158,715,000 |
| Allowance for loan losses | 1,588,000 | 1,618,000 | 1,648,000 | 1,678,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,040,000 | 3,035,000 | 3,950,000 | 3,947,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,991,000 | 149,870,000 | 149,914,000 | 145,500,000 |
| Interest-bearing deposits | 129,856,000 | 133,712,000 | 131,874,000 | 129,214,000 |
| Noninterest-bearing deposits | 17,135,000 | 16,158,000 | 18,040,000 | 16,286,000 |
| Equity capital | 18,867,000 | 18,300,000 | 18,469,000 | 18,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,784,000 | 3,621,000 | 5,488,000 | 7,400,000 |
| Interest expense | 370,000 | 776,000 | 1,203,000 | 1,656,000 |
| Net interest income | 1,414,000 | 2,845,000 | 4,285,000 | 5,744,000 |
| Noninterest income | 30,000 | 67,000 | 101,000 | 139,000 |
| Noninterest expense | 829,000 | 1,597,000 | 2,425,000 | 3,317,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 585,000 | 1,255,000 | 1,871,000 | 2,446,000 |
| Income tax | 3,000 | 32,000 | 58,000 | 82,000 |
| Net income | 582,000 | 1,223,000 | 1,813,000 | 2,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,867,000 | 18,300,000 | 18,469,000 | 18,595,000 |
| Total capital | 20,455,000 | 19,918,000 | 20,117,000 | 20,273,000 |
| Risk-weighted assets | 155,516,000 | 154,944,000 | 151,025,000 | 163,147,000 |