Call reports 2019
FREEDOM BANK — 2019
What FREEDOM 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 | 299,988,000 | 344,230,000 | 306,215,000 | 338,925,000 |
| Total loans | 250,318,000 | 238,304,000 | 248,948,000 | 268,437,000 |
| Allowance for loan losses | 2,864,000 | 2,728,000 | 2,863,000 | 2,974,000 |
| Securities available for sale | 5,333,000 | 5,353,000 | 5,312,000 | 5,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,158,000 | 315,413,000 | 276,401,000 | 308,219,000 |
| Interest-bearing deposits | 185,755,000 | 200,881,000 | 185,653,000 | 200,059,000 |
| Noninterest-bearing deposits | 87,403,000 | 114,532,000 | 90,748,000 | 108,160,000 |
| Equity capital | 25,473,000 | 27,193,000 | 28,296,000 | 29,235,000 |
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 | 3,468,000 | 7,271,000 | 11,106,000 | 15,044,000 |
| Interest expense | 684,000 | 1,442,000 | 2,222,000 | 2,943,000 |
| Net interest income | 2,784,000 | 5,829,000 | 8,884,000 | 12,101,000 |
| Noninterest income | 369,000 | 1,964,000 | 2,690,000 | 3,347,000 |
| Noninterest expense | 2,039,000 | 4,547,000 | 6,753,000 | 9,298,000 |
| Provision for loan losses | 135,000 | -30,000 | 105,000 | 240,000 |
| Pretax income | 979,000 | 3,276,000 | 4,716,000 | 5,910,000 |
| Income tax | 203,000 | 824,000 | 1,184,000 | 1,435,000 |
| Net income | 776,000 | 2,452,000 | 3,532,000 | 4,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,470,000 | 27,154,000 | 28,243,000 | 29,195,000 |
| Total capital | 28,334,000 | 29,882,000 | 31,106,000 | 32,169,000 |
| Risk-weighted assets | 266,957,000 | 264,582,000 | 279,638,000 | 298,130,000 |