Call reports 2015
FREEDOM BANK — 2015
What FREEDOM BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 270,960,000 | 283,969,000 | 301,482,000 | 292,395,000 |
| Total loans | 238,099,000 | 248,989,000 | 251,575,000 | 261,166,000 |
| Allowance for loan losses | 2,419,000 | 2,576,000 | 2,683,000 | 2,840,000 |
| Securities available for sale | 2,056,000 | 2,012,000 | 1,524,000 | 1,447,000 |
| Securities held to maturity | 1,142,000 | 1,073,000 | 955,000 | 995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,055,000 | 233,661,000 | 252,552,000 | 243,583,000 |
| Interest-bearing deposits | 194,823,000 | 206,806,000 | 222,457,000 | 216,438,000 |
| Noninterest-bearing deposits | 27,232,000 | 26,855,000 | 30,095,000 | 27,145,000 |
| Equity capital | 28,042,000 | 28,504,000 | 29,078,000 | 29,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,064,000 | 6,325,000 | 9,696,000 | 13,141,000 |
| Interest expense | 600,000 | 1,238,000 | 1,942,000 | 2,648,000 |
| Net interest income | 2,464,000 | 5,087,000 | 7,754,000 | 10,493,000 |
| Noninterest income | 27,000 | 64,000 | 105,000 | 148,000 |
| Noninterest expense | 1,530,000 | 3,175,000 | 4,681,000 | 6,220,000 |
| Provision for loan losses | 150,000 | 303,000 | 455,000 | 606,000 |
| Pretax income | 811,000 | 1,673,000 | 2,723,000 | 3,815,000 |
| Income tax | 295,000 | 613,000 | 1,007,000 | 1,429,000 |
| Net income | 516,000 | 1,060,000 | 1,716,000 | 2,386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,961,000 | 28,461,000 | 29,040,000 | 29,630,000 |
| Total capital | 30,380,000 | 31,037,000 | 31,723,000 | 32,470,000 |
| Risk-weighted assets | 225,276,000 | 243,260,000 | 254,991,000 | 260,151,000 |