Call reports 2024
FREEHOLD BANK — 2024
What FREEHOLD BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Total assets | 298,120,000 | 289,049,000 | 265,452,000 |
| Total loans | 177,253,000 | 170,515,000 | 149,232,000 |
| Allowance for loan losses | 1,242,000 | 1,309,000 | 970,000 |
| Securities available for sale | 80,232,000 | 77,914,000 | 77,558,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 184,844,000 | 182,301,000 | 189,786,000 |
| Interest-bearing deposits | 177,415,000 | 173,162,000 | 181,247,000 |
| Noninterest-bearing deposits | 7,429,000 | 9,139,000 | 8,539,000 |
| Equity capital | 43,850,000 | 44,172,000 | 46,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Interest income | 2,725,000 | 5,468,000 | 8,141,000 |
| Interest expense | 1,570,000 | 3,174,000 | 4,789,000 |
| Net interest income | 1,155,000 | 2,294,000 | 3,352,000 |
| Noninterest income | 92,000 | 183,000 | 270,000 |
| Noninterest expense | 967,000 | 1,948,000 | 2,661,000 |
| Provision for loan losses | -125,000 | -58,000 | -397,000 |
| Pretax income | 405,000 | 565,000 | 1,322,000 |
| Income tax | 90,000 | 92,000 | 216,000 |
| Net income | 315,000 | 473,000 | 1,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Tier 1 capital | 44,362,000 | 44,521,000 | 45,156,000 |
| Total capital | 45,615,000 | 45,858,000 | 46,167,000 |
| Risk-weighted assets | 199,116,000 | 192,432,000 | 177,667,000 |