Call reports 2018
FREEDOMBANK — 2018
What FREEDOMBANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 271,206,000 | 272,025,000 | 267,206,000 | 264,905,000 |
| Total loans | 213,434,000 | 212,674,000 | 208,201,000 | 207,521,000 |
| Allowance for loan losses | 1,792,000 | 1,936,000 | 2,076,000 | 2,193,000 |
| Securities available for sale | 39,816,000 | 40,931,000 | 38,825,000 | 38,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,630,000 | 207,900,000 | 203,311,000 | 200,620,000 |
| Interest-bearing deposits | 172,145,000 | 167,884,000 | 162,635,000 | 157,638,000 |
| Noninterest-bearing deposits | 40,485,000 | 40,016,000 | 40,676,000 | 42,982,000 |
| Equity capital | 31,820,000 | 31,093,000 | 30,876,000 | 31,683,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,584,000 | 5,299,000 | 8,012,000 | 10,805,000 |
| Interest expense | 460,000 | 969,000 | 1,543,000 | 2,147,000 |
| Net interest income | 2,124,000 | 4,330,000 | 6,469,000 | 8,658,000 |
| Noninterest income | 157,000 | 328,000 | 491,000 | 683,000 |
| Noninterest expense | 1,386,000 | 2,797,000 | 4,144,000 | 5,466,000 |
| Provision for loan losses | 0 | 135,000 | 270,000 | 380,000 |
| Pretax income | 895,000 | 1,726,000 | 2,546,000 | 3,495,000 |
| Income tax | 56,000 | 101,000 | 132,000 | 188,000 |
| Net income | 839,000 | 1,625,000 | 2,414,000 | 3,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,284,000 | 28,670,000 | 28,829,000 | 29,092,000 |
| Total capital | 31,076,000 | 30,606,000 | 30,905,000 | 31,285,000 |
| Risk-weighted assets | 210,702,000 | 210,624,000 | 206,174,000 | 202,021,000 |