Call reports 2015
FREEDOM NATIONAL BANK — 2015
What FREEDOM NATIONAL 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 | 107,974,000 | 111,118,000 | 109,792,000 | 112,752,000 |
| Total loans | 82,441,000 | 85,868,000 | 86,541,000 | 90,460,000 |
| Allowance for loan losses | 962,000 | 934,000 | 927,000 | 949,000 |
| Securities available for sale | 10,490,000 | 11,481,000 | 11,514,000 | 14,200,000 |
| Securities held to maturity | 6,701,000 | 6,399,000 | 6,064,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,475,000 | 84,513,000 | 80,194,000 | 86,319,000 |
| Interest-bearing deposits | 65,241,000 | 66,038,000 | 63,706,000 | 67,488,000 |
| Noninterest-bearing deposits | 15,234,000 | 18,475,000 | 16,488,000 | 18,831,000 |
| Equity capital | 10,599,000 | 11,344,000 | 11,450,000 | 11,376,000 |
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 | 1,019,000 | 2,088,000 | 3,121,000 | 4,223,000 |
| Interest expense | 178,000 | 350,000 | 518,000 | 686,000 |
| Net interest income | 841,000 | 1,738,000 | 2,603,000 | 3,537,000 |
| Noninterest income | 93,000 | 211,000 | 299,000 | 389,000 |
| Noninterest expense | 855,000 | 1,724,000 | 2,580,000 | 3,515,000 |
| Provision for loan losses | 17,000 | 139,000 | 123,000 | 167,000 |
| Pretax income | 66,000 | 90,000 | 203,000 | 254,000 |
| Income tax | 25,000 | 33,000 | 76,000 | 100,000 |
| Net income | 41,000 | 57,000 | 127,000 | 154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,560,000 | 11,327,000 | 11,396,000 | 11,423,000 |
| Total capital | 11,522,000 | 12,261,000 | 12,323,000 | 12,372,000 |
| Risk-weighted assets | 82,090,000 | 83,829,000 | 84,367,000 | 88,487,000 |