Call reports 2015
FREEDOMBANK — 2015
What FREEDOMBANK 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 | 272,490,000 | 267,253,000 | 265,825,000 | 267,389,000 |
| Total loans | 181,994,000 | 188,823,000 | 189,344,000 | 188,939,000 |
| Allowance for loan losses | 2,324,000 | 2,331,000 | 2,355,000 | 2,422,000 |
| Securities available for sale | 74,797,000 | 61,433,000 | 59,918,000 | 61,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,757,000 | 217,880,000 | 216,255,000 | 213,925,000 |
| Interest-bearing deposits | 185,860,000 | 183,052,000 | 180,906,000 | 172,413,000 |
| Noninterest-bearing deposits | 35,897,000 | 34,828,000 | 35,349,000 | 41,512,000 |
| Equity capital | 30,229,000 | 29,865,000 | 31,451,000 | 30,996,000 |
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 | 2,432,000 | 4,913,000 | 7,363,000 | 9,852,000 |
| Interest expense | 374,000 | 743,000 | 1,096,000 | 1,441,000 |
| Net interest income | 2,058,000 | 4,170,000 | 6,267,000 | 8,411,000 |
| Noninterest income | 170,000 | 344,000 | 518,000 | 694,000 |
| Noninterest expense | 1,288,000 | 2,571,000 | 3,844,000 | 5,247,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 940,000 | 1,941,000 | 2,939,000 | 3,856,000 |
| Income tax | 47,000 | 96,000 | 139,000 | 150,000 |
| Net income | 893,000 | 1,845,000 | 2,800,000 | 3,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,627,000 | 27,082,000 | 27,799,000 | 27,945,000 |
| Total capital | 28,908,000 | 29,413,000 | 30,154,000 | 30,321,000 |
| Risk-weighted assets | 182,528,000 | 188,035,000 | 189,595,000 | 190,031,000 |