Call reports 2015
FREEDOM BANK — 2015
What FREEDOM BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 52,696,000 | 56,551,000 | 61,301,000 | 57,980,000 |
| Total loans | 43,444,000 | 46,302,000 | 48,568,000 | 47,491,000 |
| Allowance for loan losses | 1,069,000 | 978,000 | 999,000 | 966,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,080,000 | 50,821,000 | 55,038,000 | 51,587,000 |
| Interest-bearing deposits | 42,610,000 | 44,620,000 | 46,297,000 | 44,076,000 |
| Noninterest-bearing deposits | 4,470,000 | 6,201,000 | 8,741,000 | 7,512,000 |
| Equity capital | 5,565,000 | 5,665,000 | 6,140,000 | 6,367,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 672,000 | 1,396,000 | 2,199,000 | 2,971,000 |
| Interest expense | 77,000 | 158,000 | 242,000 | 325,000 |
| Net interest income | 595,000 | 1,238,000 | 1,957,000 | 2,646,000 |
| Noninterest income | 44,000 | 253,000 | 506,000 | 534,000 |
| Noninterest expense | 434,000 | 935,000 | 1,432,000 | 1,922,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 205,000 | 556,000 | 1,031,000 | 1,258,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 205,000 | 556,000 | 1,031,000 | 1,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,565,000 | 5,665,000 | 6,140,000 | 6,367,000 |
| Total capital | 6,059,000 | 6,192,000 | 6,686,000 | 6,901,000 |
| Risk-weighted assets | 38,962,000 | 41,637,000 | 43,307,000 | 42,256,000 |