Call reports 2019
FREEDOM BANK — 2019
What FREEDOM BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 78,063,000 | 79,373,000 | 85,308,000 | 81,253,000 |
| Total loans | 69,553,000 | 71,138,000 | 68,830,000 | 72,030,000 |
| Allowance for loan losses | 1,088,000 | 1,093,000 | 1,084,000 | 1,090,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,749,000 | 66,677,000 | 72,361,000 | 71,038,000 |
| Interest-bearing deposits | 56,973,000 | 55,456,000 | 56,601,000 | 56,975,000 |
| Noninterest-bearing deposits | 9,776,000 | 11,221,000 | 15,760,000 | 14,063,000 |
| Equity capital | 8,111,000 | 8,433,000 | 8,751,000 | 9,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,218,000 | 2,500,000 | 3,792,000 | 5,099,000 |
| Interest expense | 230,000 | 470,000 | 709,000 | 933,000 |
| Net interest income | 988,000 | 2,030,000 | 3,083,000 | 4,166,000 |
| Noninterest income | 104,000 | 160,000 | 220,000 | 279,000 |
| Noninterest expense | 633,000 | 1,323,000 | 1,987,000 | 2,695,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 459,000 | 867,000 | 1,316,000 | 1,730,000 |
| Income tax | 90,000 | 177,000 | 307,000 | 373,000 |
| Net income | 369,000 | 690,000 | 1,009,000 | 1,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,111,000 | 8,433,000 | 8,751,000 | 9,152,000 |
| Total capital | 8,908,000 | 9,244,000 | 9,538,000 | 9,984,000 |
| Risk-weighted assets | 63,463,000 | 64,577,000 | 62,644,000 | 66,379,000 |