Call reports 2019
FREEDOM BANK — 2019
What FREEDOM BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 460,391,000 | 475,784,000 | 458,444,000 | 468,602,000 |
| Total loans | 386,410,000 | 399,309,000 | 400,708,000 | 408,522,000 |
| Allowance for loan losses | 4,621,000 | 4,682,000 | 4,760,000 | 4,921,000 |
| Securities available for sale | 332,000 | 205,000 | 196,000 | 188,000 |
| Securities held to maturity | 1,608,000 | 1,606,000 | 1,596,000 | 1,389,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,485,000 | 407,062,000 | 379,796,000 | 389,951,000 |
| Interest-bearing deposits | 344,394,000 | 363,882,000 | 326,124,000 | 344,120,000 |
| Noninterest-bearing deposits | 46,091,000 | 43,180,000 | 53,672,000 | 45,831,000 |
| Equity capital | 46,841,000 | 47,432,000 | 48,292,000 | 49,064,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,415,000 | 11,198,000 | 16,913,000 | 22,566,000 |
| Interest expense | 1,760,000 | 3,862,000 | 5,938,000 | 7,929,000 |
| Net interest income | 3,655,000 | 7,336,000 | 10,975,000 | 14,637,000 |
| Noninterest income | 153,000 | 326,000 | 513,000 | 711,000 |
| Noninterest expense | 2,556,000 | 4,949,000 | 7,548,000 | 10,115,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 330,000 |
| Pretax income | 1,162,000 | 2,533,000 | 3,670,000 | 4,903,000 |
| Income tax | 330,000 | 720,000 | 1,041,000 | 1,318,000 |
| Net income | 832,000 | 1,813,000 | 2,629,000 | 3,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,804,000 | 47,397,000 | 48,257,000 | 49,029,000 |
| Total capital | 51,387,000 | 52,077,000 | 52,935,000 | 53,792,000 |
| Risk-weighted assets | 366,620,000 | 374,454,000 | 374,219,000 | 380,956,000 |