Call reports 2021
FREEHOLD BANK — 2021
What FREEHOLD BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 299,835,000 | 305,549,000 | 311,771,000 | 294,086,000 |
| Total loans | 155,887,000 | 157,750,000 | 166,934,000 | 157,456,000 |
| Allowance for loan losses | 1,171,000 | 1,171,000 | 1,226,000 | 12,000 |
| Securities available for sale | 0 | 0 | 0 | 93,778,000 |
| Securities held to maturity | 112,262,000 | 114,969,000 | 122,483,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,238,000 | 202,658,000 | 206,436,000 | 211,505,000 |
| Interest-bearing deposits | 189,316,000 | 193,038,000 | 195,937,000 | 200,252,000 |
| Noninterest-bearing deposits | 7,922,000 | 9,620,000 | 10,499,000 | 11,253,000 |
| Equity capital | 39,524,000 | 39,648,000 | 39,983,000 | 47,511,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,105,000 | 4,277,000 | 6,465,000 | 9,155,000 |
| Interest expense | 682,000 | 1,309,000 | 1,883,000 | 2,381,000 |
| Net interest income | 1,423,000 | 2,968,000 | 4,582,000 | 6,774,000 |
| Noninterest income | 84,000 | 172,000 | 259,000 | 362,000 |
| Noninterest expense | 1,260,000 | 2,734,000 | 3,921,000 | 6,731,000 |
| Provision for loan losses | 0 | 0 | 55,000 | 67,000 |
| Pretax income | 247,000 | 406,000 | 865,000 | 338,000 |
| Income tax | 63,000 | 97,000 | 222,000 | 11,000 |
| Net income | 184,000 | 309,000 | 643,000 | 327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,524,000 | 39,648,000 | 39,983,000 | 41,537,000 |
| Total capital | — | — | — | 41,549,000 |
| Risk-weighted assets | — | — | — | 181,632,000 |