Call reports 2022
FREEDOMBANK — 2022
What FREEDOMBANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 462,000,000 | 457,893,000 | 439,512,000 | 428,503,000 |
| Total loans | 293,975,000 | 296,550,000 | 295,634,000 | 304,058,000 |
| Allowance for loan losses | 4,844,000 | 4,915,000 | 4,953,000 | 4,963,000 |
| Securities available for sale | 100,628,000 | 99,258,000 | 92,913,000 | 90,518,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 397,526,000 | 396,842,000 | 380,041,000 | 373,760,000 |
| Interest-bearing deposits | 300,578,000 | 293,150,000 | 274,728,000 | 265,761,000 |
| Noninterest-bearing deposits | 96,948,000 | 103,692,000 | 105,313,000 | 107,999,000 |
| Equity capital | 45,857,000 | 42,302,000 | 40,422,000 | 36,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,600,000 | 7,187,000 | 11,345,000 | 15,703,000 |
| Interest expense | 366,000 | 713,000 | 1,053,000 | 1,482,000 |
| Net interest income | 3,234,000 | 6,474,000 | 10,292,000 | 14,221,000 |
| Noninterest income | 318,000 | 621,000 | 931,000 | 1,232,000 |
| Noninterest expense | 2,087,000 | 4,561,000 | 7,324,000 | 9,372,000 |
| Provision for loan losses | 42,000 | 78,000 | 108,000 | 133,000 |
| Pretax income | 1,423,000 | 2,436,000 | 3,778,000 | 5,940,000 |
| Income tax | 70,000 | 118,000 | 187,000 | 293,000 |
| Net income | 1,353,000 | 2,318,000 | 3,591,000 | 5,647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,872,000 | 41,913,000 | 43,255,000 | 39,373,000 |
| Total capital | 44,718,000 | 45,946,000 | 47,157,000 | 43,168,000 |
| Risk-weighted assets | 306,730,000 | 321,761,000 | 311,182,000 | 302,463,000 |