Call reports 2025
FREEDOM BANK OF VIRGINIA, THE — 2025
What FREEDOM BANK OF VIRGINIA, THE reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 1,081,002,000 | 1,071,449,000 | 1,029,981,000 | 1,064,409,000 |
| Total loans | 758,291,000 | 747,086,000 | 748,644,000 | 766,836,000 |
| Allowance for loan losses | 6,592,000 | 7,188,000 | 7,138,000 | 13,898,000 |
| Securities available for sale | 203,808,000 | 193,741,000 | 187,269,000 | 158,447,000 |
| Securities held to maturity | 19,874,000 | 19,493,000 | 19,363,000 | 19,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 911,396,000 | 919,211,000 | 855,322,000 | 915,294,000 |
| Interest-bearing deposits | 768,372,000 | 791,323,000 | 728,309,000 | 764,747,000 |
| Noninterest-bearing deposits | 143,024,000 | 127,888,000 | 127,013,000 | 150,547,000 |
| Equity capital | 101,836,000 | 102,436,000 | 105,738,000 | 101,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 15,580,000 | 30,454,000 | 44,943,000 | 58,744,000 |
| Interest expense | 7,665,000 | 15,469,000 | 23,012,000 | 29,898,000 |
| Net interest income | 7,915,000 | 14,985,000 | 21,931,000 | 28,846,000 |
| Noninterest income | 978,000 | 2,290,000 | 3,714,000 | 4,843,000 |
| Noninterest expense | 5,702,000 | 11,759,000 | 17,743,000 | 23,045,000 |
| Provision for loan losses | 318,000 | 924,000 | 1,547,000 | 8,504,000 |
| Pretax income | 2,886,000 | 4,543,000 | 6,431,000 | 2,283,000 |
| Income tax | 467,000 | 826,000 | 1,189,000 | 269,000 |
| Net income | 2,419,000 | 3,717,000 | 5,242,000 | 2,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,445,000 | 118,980,000 | 120,550,000 | 115,915,000 |
| Total capital | 125,172,000 | 126,411,000 | 127,882,000 | 126,432,000 |
| Risk-weighted assets | 837,527,000 | 831,834,000 | 823,317,000 | 837,826,000 |