Call reports 2022
FREEDOM FINANCIAL BANK — 2022
What FREEDOM FINANCIAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 231,511,000 | 237,993,000 | 241,436,000 | 234,670,000 |
| Total loans | 184,398,000 | 195,268,000 | 197,997,000 | 194,543,000 |
| Allowance for loan losses | 2,073,000 | 2,238,000 | 2,273,000 | 2,318,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,361,000 | 14,367,000 | 14,232,000 | 14,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,000,000 | 181,748,000 | 184,922,000 | 179,287,000 |
| Interest-bearing deposits | 148,699,000 | 153,931,000 | 160,013,000 | 152,113,000 |
| Noninterest-bearing deposits | 29,302,000 | 27,816,000 | 24,909,000 | 27,175,000 |
| Equity capital | 20,759,000 | 20,500,000 | 21,163,000 | 21,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,920,000 | 4,008,000 | 6,388,000 | 8,998,000 |
| Interest expense | 445,000 | 912,000 | 1,442,000 | 2,059,000 |
| Net interest income | 1,475,000 | 3,096,000 | 4,946,000 | 6,939,000 |
| Noninterest income | 33,000 | 69,000 | 105,000 | 137,000 |
| Noninterest expense | 950,000 | 1,851,000 | 2,798,000 | 3,783,000 |
| Provision for loan losses | 30,000 | 195,000 | 230,000 | 275,000 |
| Pretax income | 528,000 | 1,119,000 | 2,023,000 | 3,018,000 |
| Income tax | 21,000 | 46,000 | 83,000 | 126,000 |
| Net income | 507,000 | 1,073,000 | 1,940,000 | 2,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,759,000 | 20,500,000 | 21,163,000 | 21,590,000 |
| Total capital | 22,832,000 | 22,738,000 | 23,436,000 | 23,908,000 |
| Risk-weighted assets | 201,683,000 | 213,153,000 | 216,805,000 | 215,176,000 |