Call reports 2021
FREEDOMBANK — 2021
What FREEDOMBANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 477,448,000 | 471,787,000 | 464,198,000 | 460,669,000 |
| Total loans | 324,474,000 | 306,555,000 | 292,234,000 | 290,509,000 |
| Allowance for loan losses | 4,078,000 | 4,053,000 | 7,161,000 | 7,259,000 |
| Securities available for sale | 89,814,000 | 107,541,000 | 112,257,000 | 106,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 391,681,000 | 387,988,000 | 384,896,000 | 391,526,000 |
| Interest-bearing deposits | 300,951,000 | 295,010,000 | 289,882,000 | 290,800,000 |
| Noninterest-bearing deposits | 90,730,000 | 92,978,000 | 95,014,000 | 100,726,000 |
| Equity capital | 51,746,000 | 53,392,000 | 51,567,000 | 50,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,264,000 | 8,239,000 | 12,520,000 | 16,376,000 |
| Interest expense | 592,000 | 1,133,000 | 1,636,000 | 2,098,000 |
| Net interest income | 3,672,000 | 7,106,000 | 10,884,000 | 14,278,000 |
| Noninterest income | 347,000 | 761,000 | 1,132,000 | 1,505,000 |
| Noninterest expense | 2,423,000 | 4,923,000 | 7,351,000 | 7,879,000 |
| Provision for loan losses | 377,000 | 738,000 | 3,721,000 | 3,818,000 |
| Pretax income | 1,245,000 | 2,257,000 | 995,000 | 4,156,000 |
| Income tax | 60,000 | 111,000 | 187,000 | 204,000 |
| Net income | 1,185,000 | 2,146,000 | 808,000 | 3,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,383,000 | 40,445,000 | 39,206,000 | 39,437,000 |
| Total capital | 43,461,000 | 44,436,000 | 43,123,000 | 43,422,000 |
| Risk-weighted assets | 330,265,000 | 319,257,000 | 310,182,000 | 315,546,000 |