Call reports 2014
FREEDOMBANK — 2014
What FREEDOMBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 256,798,000 | 267,653,000 | 265,801,000 | 274,960,000 |
| Total loans | 173,493,000 | 177,172,000 | 177,414,000 | 180,792,000 |
| Allowance for loan losses | 2,327,000 | 2,392,000 | 2,407,000 | 2,314,000 |
| Securities available for sale | 65,180,000 | 69,288,000 | 68,123,000 | 76,539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,870,000 | 219,401,000 | 216,596,000 | 224,060,000 |
| Interest-bearing deposits | 180,026,000 | 186,021,000 | 182,229,000 | 186,629,000 |
| Noninterest-bearing deposits | 30,844,000 | 33,380,000 | 34,367,000 | 37,431,000 |
| Equity capital | 25,961,000 | 26,649,000 | 27,550,000 | 29,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,328,000 | 4,695,000 | 7,114,000 | 9,729,000 |
| Interest expense | 386,000 | 783,000 | 1,171,000 | 1,561,000 |
| Net interest income | 1,942,000 | 3,912,000 | 5,943,000 | 8,168,000 |
| Noninterest income | 253,000 | 495,000 | 1,146,000 | 1,483,000 |
| Noninterest expense | 1,284,000 | 2,652,000 | 3,960,000 | 5,228,000 |
| Provision for loan losses | 100,000 | 150,000 | 150,000 | 150,000 |
| Pretax income | 811,000 | 1,605,000 | 2,984,000 | 4,278,000 |
| Income tax | 27,000 | 80,000 | 149,000 | 201,000 |
| Net income | 784,000 | 1,525,000 | 2,835,000 | 4,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,928,000 | 24,053,000 | 25,070,000 | 25,996,000 |
| Total capital | 26,119,000 | 26,306,000 | 27,309,000 | 28,262,000 |
| Risk-weighted assets | 175,110,000 | 180,080,000 | 178,988,000 | 181,250,000 |