Call reports 2019
FREEDOM NATIONAL BANK — 2019
What FREEDOM NATIONAL 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 | 119,820,000 | 117,634,000 | 123,029,000 | 124,854,000 |
| Total loans | 102,621,000 | 102,628,000 | 98,713,000 | 107,523,000 |
| Allowance for loan losses | 1,033,000 | 1,038,000 | 987,000 | 1,053,000 |
| Securities available for sale | 9,280,000 | 9,369,000 | 9,381,000 | 9,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,786,000 | 96,041,000 | 102,968,000 | 105,188,000 |
| Interest-bearing deposits | 72,466,000 | 69,374,000 | 71,692,000 | 77,165,000 |
| Noninterest-bearing deposits | 27,320,000 | 26,667,000 | 31,276,000 | 28,023,000 |
| Equity capital | 11,944,000 | 12,139,000 | 12,334,000 | 12,517,000 |
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 | 1,365,000 | 2,769,000 | 4,299,000 | 5,821,000 |
| Interest expense | 327,000 | 651,000 | 993,000 | 1,318,000 |
| Net interest income | 1,038,000 | 2,118,000 | 3,306,000 | 4,503,000 |
| Noninterest income | 120,000 | 202,000 | 291,000 | 630,000 |
| Noninterest expense | 1,031,000 | 2,064,000 | 3,119,000 | 4,319,000 |
| Provision for loan losses | 211,000 | 227,000 | 176,000 | 242,000 |
| Pretax income | -84,000 | 29,000 | 302,000 | 572,000 |
| Income tax | -27,000 | -2,000 | 70,000 | 140,000 |
| Net income | -57,000 | 31,000 | 232,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,273,000 | 12,361,000 | 12,562,000 | 12,762,000 |
| Total capital | 13,306,000 | 13,399,000 | 13,549,000 | 13,815,000 |
| Risk-weighted assets | 93,801,000 | 94,632,000 | 90,537,000 | 97,678,000 |