FACTANKER · measured, cited, anchored official records connected

Call report 2024Q2

FREEDOM BANK — 2024Q2

The 22 measures FREEDOM BANK reported to the FFIEC for 2024Q2, each linked to its source filing.

PERIOD: 2024Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/afcb0b5f-5843-41ac-bd00-680d6cece7f7/2024Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets232,846,000USDevidence →
Total loans148,669,000USDevidence →
Allowance for loan losses1,692,000USDevidence →
Securities available for sale26,558,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits183,085,000USDevidence →
Interest-bearing deposits138,119,000USDevidence →
Noninterest-bearing deposits44,966,000USDevidence →
Equity capital33,808,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income7,318,000USDevidence →
Interest expense2,946,000USDevidence →
Net interest income4,372,000USDevidence →
Noninterest income357,000USDevidence →
Noninterest expense3,228,000USDevidence →
Provision for loan losses120,000USDevidence →
Pretax income1,381,000USDevidence →
Income tax283,000USDevidence →
Net income1,098,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital32,237,000USDevidence →