FACTANKER · measured, cited, anchored official records connected

Call report 2024Q3

FREEDOMBANK — 2024Q3

The 22 measures FREEDOMBANK reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/afce769c-1526-463d-994d-897a7796f2e1/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets427,168,000USDevidence →
Total loans304,562,000USDevidence →
Allowance for loan losses3,489,000USDevidence →
Securities available for sale81,723,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits365,810,000USDevidence →
Interest-bearing deposits280,425,000USDevidence →
Noninterest-bearing deposits85,385,000USDevidence →
Equity capital43,580,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income14,782,000USDevidence →
Interest expense6,307,000USDevidence →
Net interest income8,475,000USDevidence →
Noninterest income925,000USDevidence →
Noninterest expense6,826,000USDevidence →
Provision for loan losses100,000USDevidence →
Pretax income2,480,000USDevidence →
Income tax107,000USDevidence →
Net income2,373,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital42,186,000USDevidence →
Total capital45,675,000USDevidence →
Risk-weighted assets301,018,000USDevidence →