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 | 45,442,000 | 45,023,000 | 43,808,000 | 44,392,000 |
| Total loans | 25,977,000 | 25,600,000 | 25,869,000 | 23,329,000 |
| Allowance for loan losses | 197,000 | 211,000 | 217,000 | 240,000 |
| Securities available for sale | 8,061,000 | 7,687,000 | 6,838,000 | 5,447,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,016,000 | 40,563,000 | 39,313,000 | 40,117,000 |
| Interest-bearing deposits | 26,946,000 | 25,877,000 | 25,475,000 | 24,668,000 |
| Noninterest-bearing deposits | 14,070,000 | 14,685,000 | 13,838,000 | 15,449,000 |
| Equity capital | 4,281,000 | 4,345,000 | 4,366,000 | 4,184,000 |
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 | 466,000 | 940,000 | 1,392,000 | 1,822,000 |
| Interest expense | 29,000 | 59,000 | 88,000 | 116,000 |
| Net interest income | 437,000 | 881,000 | 1,304,000 | 1,706,000 |
| Noninterest income | 66,000 | 144,000 | 222,000 | 289,000 |
| Noninterest expense | 347,000 | 679,000 | 1,006,000 | 1,326,000 |
| Provision for loan losses | 10,000 | 45,000 | 90,000 | 165,000 |
| Pretax income | 146,000 | 301,000 | 430,000 | 504,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 146,000 | 301,000 | 430,000 | 504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,633,000 | 3,701,000 | 3,723,000 | 3,627,000 |
| Total capital | 3,830,000 | 3,912,000 | 3,940,000 | 3,867,000 |
| Risk-weighted assets | 27,567,000 | 27,092,000 | 27,270,000 | 24,418,000 |