Call reports 2020
FREEHOLD BANK — 2020
What FREEHOLD BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 289,449,000 | 297,809,000 | 309,750,000 | 306,654,000 |
| Total loans | 131,910,000 | 147,368,000 | 151,497,000 | 150,472,000 |
| Allowance for loan losses | 960,000 | 1,159,000 | 1,171,000 | 1,171,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 136,528,000 | 128,367,000 | 119,943,000 | 114,280,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,814,000 | 184,123,000 | 197,818,000 | 200,237,000 |
| Interest-bearing deposits | 167,896,000 | 176,298,000 | 189,744,000 | 191,954,000 |
| Noninterest-bearing deposits | 4,918,000 | 7,825,000 | 8,074,000 | 8,283,000 |
| Equity capital | 38,879,000 | 39,011,000 | 39,181,000 | 39,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,098,000 | 4,162,000 | 6,165,000 | 8,355,000 |
| Interest expense | 930,000 | 1,818,000 | 2,685,000 | 3,505,000 |
| Net interest income | 1,168,000 | 2,344,000 | 3,480,000 | 4,850,000 |
| Noninterest income | 88,000 | 171,000 | 340,000 | 426,000 |
| Noninterest expense | 1,151,000 | 2,268,000 | 3,377,000 | 4,625,000 |
| Provision for loan losses | 0 | 199,000 | 211,000 | 211,000 |
| Pretax income | 105,000 | 274,000 | 458,000 | 666,000 |
| Income tax | -19,000 | 18,000 | 32,000 | 81,000 |
| Net income | 124,000 | 256,000 | 426,000 | 585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,879,000 | 39,011,000 | 39,181,000 | 39,340,000 |
| Total capital | 39,414,000 | — | — | — |
| Risk-weighted assets | 177,532,000 | — | — | — |