Call reports 2016
FREEDOMBANK — 2016
What FREEDOMBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 266,399,000 | 264,022,000 | 255,651,000 | 258,728,000 |
| Total loans | 189,883,000 | 187,342,000 | 187,450,000 | 193,670,000 |
| Allowance for loan losses | 2,427,000 | 2,392,000 | 2,392,000 | 2,376,000 |
| Securities available for sale | 60,812,000 | 58,890,000 | 50,619,000 | 46,817,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,767,000 | 212,893,000 | 209,365,000 | 209,214,000 |
| Interest-bearing deposits | 172,523,000 | 176,129,000 | 171,426,000 | 165,483,000 |
| Noninterest-bearing deposits | 39,244,000 | 36,764,000 | 37,939,000 | 43,731,000 |
| Equity capital | 31,888,000 | 32,295,000 | 32,394,000 | 31,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,218,000 | 4,594,000 | 6,935,000 | 9,296,000 |
| Interest expense | 347,000 | 692,000 | 1,030,000 | 1,353,000 |
| Net interest income | 1,871,000 | 3,902,000 | 5,905,000 | 7,943,000 |
| Noninterest income | 153,000 | 322,000 | 453,000 | 654,000 |
| Noninterest expense | 1,294,000 | 2,702,000 | 4,044,000 | 5,352,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 730,000 | 1,522,000 | 2,334,000 | 3,265,000 |
| Income tax | 30,000 | 69,000 | 106,000 | 149,000 |
| Net income | 700,000 | 1,453,000 | 2,228,000 | 3,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,919,000 | 27,973,000 | 28,248,000 | 28,515,000 |
| Total capital | 30,323,000 | 30,346,000 | 30,589,000 | 30,891,000 |
| Risk-weighted assets | 192,377,000 | 189,816,000 | 187,229,000 | 191,240,000 |