Call reports 2018
FREEDOM BANK — 2018
What FREEDOM 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 | 261,206,000 | 265,449,000 | 274,227,000 | 271,283,000 |
| Total loans | 206,599,000 | 214,153,000 | 216,970,000 | 227,230,000 |
| Allowance for loan losses | 2,435,000 | 2,577,000 | 2,582,000 | 2,724,000 |
| Securities available for sale | 5,468,000 | 5,426,000 | 5,313,000 | 5,336,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,311,000 | 242,134,000 | 249,224,000 | 240,385,000 |
| Interest-bearing deposits | 167,920,000 | 163,993,000 | 167,811,000 | 158,408,000 |
| Noninterest-bearing deposits | 70,391,000 | 78,141,000 | 81,413,000 | 81,977,000 |
| Equity capital | 21,691,000 | 22,712,000 | 23,843,000 | 24,642,000 |
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 | 2,591,000 | 5,471,000 | 8,510,000 | 11,782,000 |
| Interest expense | 344,000 | 774,000 | 1,227,000 | 1,755,000 |
| Net interest income | 2,247,000 | 4,697,000 | 7,283,000 | 10,027,000 |
| Noninterest income | 121,000 | 302,000 | 948,000 | 1,234,000 |
| Noninterest expense | 1,625,000 | 3,257,000 | 4,949,000 | 6,842,000 |
| Provision for loan losses | 137,000 | 274,000 | 274,000 | 412,000 |
| Pretax income | 606,000 | 1,468,000 | 3,008,000 | 4,007,000 |
| Income tax | 145,000 | 358,000 | 741,000 | 990,000 |
| Net income | 461,000 | 1,110,000 | 2,267,000 | 3,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,730,000 | 22,760,000 | 23,921,000 | 24,684,000 |
| Total capital | 24,165,000 | 25,337,000 | 26,503,000 | 27,408,000 |
| Risk-weighted assets | 229,686,000 | 231,467,000 | 234,476,000 | 245,003,000 |