Call reports 2023
FREEHOLD BANK — 2023
What FREEHOLD BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 293,065,000 | 291,882,000 | 296,249,000 | 300,272,000 |
| Total loans | 173,494,000 | 176,906,000 | 183,095,000 | 181,381,000 |
| Allowance for loan losses | 1,334,000 | 1,339,000 | 1,328,000 | 1,367,000 |
| Securities available for sale | 86,001,000 | 82,985,000 | 81,542,000 | 81,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 216,645,000 | 210,337,000 | 203,905,000 | 195,515,000 |
| Interest-bearing deposits | 209,053,000 | 201,326,000 | 195,505,000 | 188,183,000 |
| Noninterest-bearing deposits | 7,592,000 | 9,011,000 | 8,400,000 | 7,332,000 |
| Equity capital | 41,973,000 | 41,870,000 | 41,653,000 | 43,385,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,450,000 | 4,996,000 | 7,689,000 | 10,507,000 |
| Interest expense | 812,000 | 1,835,000 | 3,065,000 | 4,550,000 |
| Net interest income | 1,638,000 | 3,161,000 | 4,624,000 | 5,957,000 |
| Noninterest income | 85,000 | 188,000 | 279,000 | 371,000 |
| Noninterest expense | 1,413,000 | 2,828,000 | 4,271,000 | 5,446,000 |
| Provision for loan losses | -41,000 | -56,000 | -77,000 | 78,000 |
| Pretax income | 351,000 | 577,000 | 709,000 | 804,000 |
| Income tax | 84,000 | 139,000 | 162,000 | 63,000 |
| Net income | 267,000 | 438,000 | 547,000 | 741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,567,000 | 43,739,000 | 43,850,000 | 44,045,000 |
| Total capital | 44,953,000 | 45,110,000 | 45,200,000 | 45,417,000 |
| Risk-weighted assets | 197,004,000 | 199,618,000 | 202,937,000 | 201,966,000 |