Call reports 2020
FREEDOM BANK OF SOUTHERN MISSOURI — 2020
What FREEDOM BANK OF SOUTHERN MISSOURI 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 | 313,211,000 | 487,257,000 | 486,733,000 | 497,153,000 |
| Total loans | 248,366,000 | 348,108,000 | 349,446,000 | 347,839,000 |
| Allowance for loan losses | 2,790,000 | 2,941,000 | 3,022,000 | 3,062,000 |
| Securities available for sale | 12,745,000 | 13,103,000 | 19,373,000 | 22,961,000 |
| Securities held to maturity | 1,000,000 | 8,888,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,451,000 | 424,368,000 | 421,375,000 | 434,503,000 |
| Interest-bearing deposits | 243,991,000 | 350,390,000 | 346,429,000 | 349,967,000 |
| Noninterest-bearing deposits | 20,460,000 | 73,978,000 | 74,946,000 | 84,536,000 |
| Equity capital | 30,672,000 | 53,658,000 | 55,942,000 | 54,282,000 |
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 | 3,643,000 | 7,652,000 | 12,512,000 | 17,442,000 |
| Interest expense | 967,000 | 1,808,000 | 2,618,000 | 3,391,000 |
| Net interest income | 2,676,000 | 5,844,000 | 9,894,000 | 14,051,000 |
| Noninterest income | 285,000 | 634,000 | 1,989,000 | 1,913,000 |
| Noninterest expense | 1,739,000 | 3,823,000 | 6,844,000 | 9,529,000 |
| Provision for loan losses | 110,000 | 335,000 | 450,000 | 569,000 |
| Pretax income | 1,112,000 | 2,320,000 | 4,589,000 | 5,866,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,112,000 | 2,320,000 | 4,589,000 | 5,866,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,580,000 | 43,845,000 | 46,511,000 | 44,874,000 |