Call reports 2019
FREEDOMBANK — 2019
What FREEDOMBANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 268,017,000 | 410,768,000 | 401,537,000 | 412,267,000 |
| Total loans | 208,467,000 | 324,645,000 | 322,897,000 | 319,182,000 |
| Allowance for loan losses | 2,225,000 | 2,424,000 | 2,545,000 | 2,658,000 |
| Securities available for sale | 37,663,000 | 48,479,000 | 39,282,000 | 40,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,816,000 | 319,463,000 | 306,203,000 | 322,381,000 |
| Interest-bearing deposits | 160,614,000 | 259,259,000 | 242,847,000 | 253,443,000 |
| Noninterest-bearing deposits | 41,202,000 | 60,204,000 | 63,356,000 | 68,938,000 |
| Equity capital | 33,281,000 | 49,395,000 | 48,636,000 | 48,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,788,000 | 7,406,000 | 12,079,000 | 17,204,000 |
| Interest expense | 639,000 | 1,681,000 | 2,708,000 | 3,748,000 |
| Net interest income | 2,149,000 | 5,725,000 | 9,371,000 | 13,456,000 |
| Noninterest income | 164,000 | 397,000 | 767,000 | 1,120,000 |
| Noninterest expense | 1,344,000 | 3,638,000 | 6,214,000 | 8,385,000 |
| Provision for loan losses | 60,000 | 237,000 | 397,000 | 665,000 |
| Pretax income | 909,000 | 2,247,000 | 3,563,000 | 5,562,000 |
| Income tax | 44,000 | 87,000 | 149,000 | 256,000 |
| Net income | 865,000 | 2,160,000 | 3,414,000 | 5,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,958,000 | 34,778,000 | 33,976,000 | 34,271,000 |
| Total capital | 32,183,000 | 37,202,000 | 36,521,000 | 36,929,000 |
| Risk-weighted assets | 203,941,000 | 321,799,000 | 316,668,000 | 319,607,000 |