Call reports 2018
FREEDOM BANK — 2018
What FREEDOM BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 386,251,000 | 401,676,000 | 404,440,000 | 424,376,000 |
| Total loans | 349,869,000 | 362,797,000 | 370,421,000 | 383,638,000 |
| Allowance for loan losses | 4,199,000 | 4,350,000 | 4,481,000 | 4,632,000 |
| Securities available for sale | 447,000 | 398,000 | 383,000 | 342,000 |
| Securities held to maturity | 816,000 | 804,000 | 970,000 | 1,430,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 331,161,000 | 329,602,000 | 333,506,000 | 333,870,000 |
| Interest-bearing deposits | 289,511,000 | 290,388,000 | 293,662,000 | 290,239,000 |
| Noninterest-bearing deposits | 41,650,000 | 39,214,000 | 39,844,000 | 43,631,000 |
| Equity capital | 35,408,000 | 44,418,000 | 44,984,000 | 46,165,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,540,000 | 9,381,000 | 14,486,000 | 19,709,000 |
| Interest expense | 978,000 | 2,099,000 | 3,443,000 | 4,914,000 |
| Net interest income | 3,562,000 | 7,282,000 | 11,043,000 | 14,795,000 |
| Noninterest income | 164,000 | 359,000 | 470,000 | 626,000 |
| Noninterest expense | 2,074,000 | 4,404,000 | 6,845,000 | 9,216,000 |
| Provision for loan losses | 151,000 | 303,000 | 455,000 | 606,000 |
| Pretax income | 1,501,000 | 2,934,000 | 4,213,000 | 5,599,000 |
| Income tax | 338,000 | 652,000 | 908,000 | 1,154,000 |
| Net income | 1,163,000 | 2,282,000 | 3,305,000 | 4,445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,367,000 | 44,379,000 | 44,947,000 | 46,128,000 |
| Total capital | 39,566,000 | 48,729,000 | 49,306,000 | 50,599,000 |
| Risk-weighted assets | 340,060,000 | 349,366,000 | 348,665,000 | 357,598,000 |