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 | 43,833,000 | 44,438,000 | 46,689,000 | 48,148,000 |
| Total loans | 19,097,000 | 20,200,000 | 21,372,000 | 25,359,000 |
| Allowance for loan losses | 61,000 | 85,000 | 114,000 | 141,000 |
| Securities available for sale | 3,846,000 | 4,515,000 | 5,503,000 | 5,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,476,000 | 37,056,000 | 39,326,000 | 40,743,000 |
| Interest-bearing deposits | 23,531,000 | 24,262,000 | 25,913,000 | 28,732,000 |
| Noninterest-bearing deposits | 12,945,000 | 12,794,000 | 13,413,000 | 12,011,000 |
| Equity capital | 7,182,000 | 7,232,000 | 7,172,000 | 7,184,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 422,000 | 890,000 | 1,395,000 | 1,882,000 |
| Interest expense | 40,000 | 84,000 | 138,000 | 201,000 |
| Net interest income | 382,000 | 806,000 | 1,257,000 | 1,681,000 |
| Noninterest income | 58,000 | 116,000 | 167,000 | 249,000 |
| Noninterest expense | 353,000 | 727,000 | 1,267,000 | 1,744,000 |
| Provision for loan losses | 24,000 | 48,000 | 72,000 | 99,000 |
| Pretax income | 199,000 | 302,000 | 240,000 | 242,000 |
| Income tax | 40,000 | 59,000 | 59,000 | 52,000 |
| Net income | 159,000 | 243,000 | 181,000 | 190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,782,000 | 4,833,000 | 4,790,000 | 4,817,000 |
| Total capital | 4,843,000 | 4,918,000 | 4,904,000 | 4,958,000 |
| Risk-weighted assets | 25,690,000 | 27,029,000 | 28,084,000 | 31,137,000 |