Call reports 2018
FREEDOM NATIONAL BANK — 2018
What FREEDOM NATIONAL 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 | 124,851,000 | 123,106,000 | 121,827,000 | 123,196,000 |
| Total loans | 102,776,000 | 106,062,000 | 103,632,000 | 102,943,000 |
| Allowance for loan losses | 992,000 | 958,000 | 1,001,000 | 1,045,000 |
| Securities available for sale | 10,134,000 | 9,332,000 | 9,144,000 | 9,204,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,267,000 | 94,240,000 | 95,385,000 | 99,752,000 |
| Interest-bearing deposits | 73,075,000 | 66,966,000 | 67,890,000 | 71,432,000 |
| Noninterest-bearing deposits | 25,192,000 | 27,274,000 | 27,495,000 | 28,320,000 |
| Equity capital | 11,559,000 | 11,647,000 | 11,674,000 | 11,900,000 |
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 | 1,270,000 | 2,674,000 | 4,108,000 | 5,606,000 |
| Interest expense | 192,000 | 429,000 | 718,000 | 998,000 |
| Net interest income | 1,078,000 | 2,245,000 | 3,390,000 | 4,608,000 |
| Noninterest income | 106,000 | 227,000 | 336,000 | 415,000 |
| Noninterest expense | 1,066,000 | 2,158,000 | 3,199,000 | 4,307,000 |
| Provision for loan losses | 39,000 | 110,000 | 154,000 | 197,000 |
| Pretax income | 79,000 | 204,000 | 373,000 | 519,000 |
| Income tax | 17,000 | 47,000 | 91,000 | 106,000 |
| Net income | 62,000 | 157,000 | 282,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,979,000 | 12,074,000 | 12,199,000 | 12,330,000 |
| Total capital | 12,971,000 | 13,032,000 | 13,200,000 | 13,375,000 |
| Risk-weighted assets | 93,295,000 | 98,481,000 | 94,833,000 | 93,897,000 |