Call reports 2019
FREEDOM FINANCIAL BANK — 2019
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 188,798,000 | 188,599,000 | 192,363,000 | 195,822,000 |
| Total loans | 158,087,000 | 151,668,000 | 154,609,000 | 164,868,000 |
| Allowance for loan losses | 1,878,000 | 1,878,000 | 1,888,000 | 1,918,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,974,000 | 5,468,000 | 5,461,000 | 4,455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,986,000 | 142,350,000 | 142,719,000 | 141,466,000 |
| Interest-bearing deposits | 121,328,000 | 123,779,000 | 123,561,000 | 121,865,000 |
| Noninterest-bearing deposits | 18,658,000 | 18,571,000 | 19,158,000 | 19,602,000 |
| Equity capital | 19,500,000 | 19,003,000 | 19,222,000 | 19,359,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,097,000 | 4,176,000 | 6,281,000 | 8,377,000 |
| Interest expense | 638,000 | 1,295,000 | 1,998,000 | 2,729,000 |
| Net interest income | 1,459,000 | 2,881,000 | 4,283,000 | 5,648,000 |
| Noninterest income | 30,000 | 59,000 | 89,000 | 119,000 |
| Noninterest expense | 877,000 | 1,711,000 | 2,528,000 | 3,373,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 40,000 |
| Pretax income | 612,000 | 1,229,000 | 1,834,000 | 2,354,000 |
| Income tax | 38,000 | 64,000 | 95,000 | 119,000 |
| Net income | 574,000 | 1,165,000 | 1,739,000 | 2,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,500,000 | 19,003,000 | 19,222,000 | 19,359,000 |
| Total capital | 21,378,000 | 20,881,000 | 21,110,000 | 21,277,000 |
| Risk-weighted assets | 166,227,000 | 163,526,000 | 165,531,000 | 174,215,000 |