Call reports 2024
FREEDOM BANK OF SOUTHERN MISSOURI — 2024
What FREEDOM BANK OF SOUTHERN MISSOURI reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 703,258,000 | 690,930,000 | 700,290,000 | 705,371,000 |
| Total loans | 508,158,000 | 526,731,000 | 546,734,000 | 556,122,000 |
| Allowance for loan losses | 4,527,000 | 4,581,000 | 4,631,000 | 4,692,000 |
| Securities available for sale | 79,039,000 | 76,515,000 | 77,225,000 | 73,376,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 643,582,000 | 629,213,000 | 633,151,000 | 642,682,000 |
| Interest-bearing deposits | 531,811,000 | 523,082,000 | 532,399,000 | 538,906,000 |
| Noninterest-bearing deposits | 111,771,000 | 106,131,000 | 100,752,000 | 103,776,000 |
| Equity capital | 56,404,000 | 58,078,000 | 63,141,000 | 59,490,000 |
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 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,743,000 | 18,177,000 | 28,064,000 | 38,189,000 |
| Interest expense | 3,970,000 | 8,152,000 | 12,515,000 | 16,924,000 |
| Net interest income | 4,773,000 | 10,025,000 | 15,549,000 | 21,265,000 |
| Noninterest income | 631,000 | 1,337,000 | 2,036,000 | 2,684,000 |
| Noninterest expense | 3,590,000 | 7,404,000 | 11,211,000 | 15,167,000 |
| Provision for loan losses | 57,000 | 95,000 | 114,000 | 171,000 |
| Pretax income | 1,757,000 | 3,863,000 | 6,260,000 | 8,611,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,757,000 | 3,863,000 | 6,260,000 | 8,611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,919,000 | 60,540,000 | 62,732,000 | 61,324,000 |