Call reports 2018
FREEDOM FINANCIAL BANK — 2018
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 186,708,000 | 191,115,000 | 191,605,000 | 195,867,000 |
| Total loans | 158,787,000 | 156,198,000 | 159,844,000 | 155,843,000 |
| Allowance for loan losses | 1,708,000 | 1,738,000 | 1,878,000 | 1,878,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,942,000 | 3,938,000 | 2,951,000 | 2,947,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,796,000 | 142,089,000 | 142,441,000 | 146,457,000 |
| Interest-bearing deposits | 120,819,000 | 124,288,000 | 122,938,000 | 125,187,000 |
| Noninterest-bearing deposits | 16,977,000 | 17,801,000 | 19,503,000 | 21,270,000 |
| Equity capital | 19,117,000 | 18,566,000 | 18,753,000 | 19,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,926,000 | 3,912,000 | 5,979,000 | 8,151,000 |
| Interest expense | 470,000 | 1,012,000 | 1,629,000 | 2,257,000 |
| Net interest income | 1,456,000 | 2,900,000 | 4,350,000 | 5,894,000 |
| Noninterest income | 32,000 | 67,000 | 235,000 | 265,000 |
| Noninterest expense | 835,000 | 1,656,000 | 2,520,000 | 3,399,000 |
| Provision for loan losses | 30,000 | 60,000 | 200,000 | 200,000 |
| Pretax income | 623,000 | 1,251,000 | 1,865,000 | 2,560,000 |
| Income tax | 17,000 | 43,000 | 70,000 | 99,000 |
| Net income | 606,000 | 1,208,000 | 1,795,000 | 2,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,117,000 | 18,566,000 | 18,753,000 | 19,025,000 |
| Total capital | 20,825,000 | 20,304,000 | 20,631,000 | 20,903,000 |
| Risk-weighted assets | 160,837,000 | 162,481,000 | 167,265,000 | 163,285,000 |