Call reports 2015
FREEDOM BANK — 2015
What FREEDOM 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 | 130,963,000 | 147,804,000 | 168,556,000 | 163,227,000 |
| Total loans | 101,999,000 | 102,721,000 | 108,871,000 | 122,566,000 |
| Allowance for loan losses | 1,440,000 | 1,466,000 | 1,477,000 | 1,488,000 |
| Securities available for sale | 1,729,000 | 1,645,000 | 1,561,000 | 1,491,000 |
| Securities held to maturity | 982,000 | 982,000 | 6,029,000 | 14,351,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,618,000 | 132,775,000 | 153,401,000 | 147,887,000 |
| Interest-bearing deposits | 79,900,000 | 99,682,000 | 119,278,000 | 112,505,000 |
| Noninterest-bearing deposits | 31,718,000 | 33,093,000 | 34,123,000 | 35,382,000 |
| Equity capital | 13,872,000 | 13,995,000 | 14,125,000 | 14,342,000 |
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 | 1,205,000 | 2,460,000 | 3,742,000 | 5,234,000 |
| Interest expense | 132,000 | 300,000 | 498,000 | 707,000 |
| Net interest income | 1,073,000 | 2,160,000 | 3,244,000 | 4,527,000 |
| Noninterest income | 59,000 | 122,000 | 183,000 | 249,000 |
| Noninterest expense | 967,000 | 1,934,000 | 2,911,000 | 3,913,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 165,000 | 348,000 | 516,000 | 863,000 |
| Income tax | 66,000 | 125,000 | 187,000 | 321,000 |
| Net income | 99,000 | 223,000 | 329,000 | 542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,207,000 | 12,400,000 | 12,578,000 | 12,908,000 |
| Total capital | 13,647,000 | 13,866,000 | 14,055,000 | 14,396,000 |
| Risk-weighted assets | 116,859,000 | 119,569,000 | 130,521,000 | 147,958,000 |