Call reports 2023
FREEDOM BANK OF SOUTHERN MISSOURI — 2023
What FREEDOM BANK OF SOUTHERN MISSOURI 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 | 604,569,000 | 606,499,000 | 625,478,000 | 633,871,000 |
| Total loans | 450,036,000 | 469,423,000 | 483,540,000 | 497,868,000 |
| Allowance for loan losses | 4,343,000 | 4,416,000 | 4,500,000 | 4,498,000 |
| Securities available for sale | 86,804,000 | 83,365,000 | 79,498,000 | 81,285,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 548,941,000 | 550,347,000 | 569,230,000 | 570,727,000 |
| Interest-bearing deposits | 464,393,000 | 457,772,000 | 477,510,000 | 488,479,000 |
| Noninterest-bearing deposits | 84,548,000 | 92,575,000 | 91,720,000 | 82,248,000 |
| Equity capital | 53,546,000 | 53,540,000 | 53,070,000 | 55,367,000 |
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 | 6,645,000 | 13,740,000 | 21,388,000 | 29,487,000 |
| Interest expense | 1,902,000 | 4,324,000 | 7,224,000 | 10,637,000 |
| Net interest income | 4,743,000 | 9,416,000 | 14,164,000 | 18,850,000 |
| Noninterest income | 623,000 | 1,267,000 | 1,937,000 | 2,578,000 |
| Noninterest expense | 3,419,000 | 6,877,000 | 10,336,000 | 13,796,000 |
| Provision for loan losses | 129,000 | 202,000 | 274,000 | 316,000 |
| Pretax income | 1,813,000 | 3,599,000 | 5,486,000 | 7,311,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,813,000 | 3,599,000 | 5,486,000 | 7,311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,512,000 | 57,017,000 | 58,689,000 | 57,397,000 |