Call reports 2017
FREEDOMBANK — 2017
What FREEDOMBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 256,697,000 | 258,501,000 | 258,566,000 | 261,755,000 |
| Total loans | 195,209,000 | 198,312,000 | 200,228,000 | 203,300,000 |
| Allowance for loan losses | 1,961,000 | 2,015,000 | 2,021,000 | 1,783,000 |
| Securities available for sale | 45,201,000 | 43,550,000 | 41,702,000 | 41,982,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,013,000 | 195,738,000 | 197,429,000 | 202,595,000 |
| Interest-bearing deposits | 165,188,000 | 157,650,000 | 156,777,000 | 160,516,000 |
| Noninterest-bearing deposits | 39,825,000 | 38,088,000 | 40,652,000 | 42,079,000 |
| Equity capital | 31,469,000 | 32,019,000 | 32,293,000 | 32,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,362,000 | 4,816,000 | 7,295,000 | 9,832,000 |
| Interest expense | 319,000 | 665,000 | 1,074,000 | 1,482,000 |
| Net interest income | 2,043,000 | 4,151,000 | 6,221,000 | 8,350,000 |
| Noninterest income | 163,000 | 436,000 | 586,000 | 765,000 |
| Noninterest expense | 1,297,000 | 2,740,000 | 4,077,000 | 5,359,000 |
| Provision for loan losses | 380,000 | 380,000 | 380,000 | 380,000 |
| Pretax income | 550,000 | 1,488,000 | 2,371,000 | 3,363,000 |
| Income tax | 25,000 | 66,000 | 109,000 | 160,000 |
| Net income | 525,000 | 1,422,000 | 2,262,000 | 3,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,330,000 | 28,628,000 | 28,928,000 | 29,198,000 |
| Total capital | 30,291,000 | 30,643,000 | 30,949,000 | 30,981,000 |
| Risk-weighted assets | 191,553,000 | 194,054,000 | 195,984,000 | 199,922,000 |