Call reports 2016
FIRST FARMBANK — 2016
What FIRST FARMBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 148,387,000 | 151,655,000 | 157,205,000 | 175,105,000 |
| Total loans | 117,707,000 | 120,951,000 | 123,848,000 | 132,160,000 |
| Allowance for loan losses | 1,187,000 | 1,339,000 | 1,439,000 | 1,498,000 |
| Securities available for sale | 16,364,000 | 15,808,000 | 16,453,000 | 23,781,000 |
| Securities held to maturity | 2,163,000 | 2,558,000 | 1,697,000 | 4,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,218,000 | 132,386,000 | 133,343,000 | 149,619,000 |
| Interest-bearing deposits | 113,454,000 | 116,107,000 | 114,783,000 | 127,074,000 |
| Noninterest-bearing deposits | 16,764,000 | 16,279,000 | 18,560,000 | 22,545,000 |
| Equity capital | 13,889,000 | 14,019,000 | 15,302,000 | 15,217,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,687,000 | 3,358,000 | 5,109,000 | 6,910,000 |
| Interest expense | 207,000 | 433,000 | 673,000 | 932,000 |
| Net interest income | 1,480,000 | 2,925,000 | 4,436,000 | 5,978,000 |
| Noninterest income | 76,000 | 144,000 | 232,000 | 335,000 |
| Noninterest expense | 1,092,000 | 2,202,000 | 3,415,000 | 4,781,000 |
| Provision for loan losses | 50,000 | 125,000 | 265,000 | 360,000 |
| Pretax income | 414,000 | 743,000 | 989,000 | 1,173,000 |
| Income tax | 133,000 | 259,000 | 354,000 | 436,000 |
| Net income | 281,000 | 484,000 | 635,000 | 737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,937,000 | 14,027,000 | 15,315,000 | 15,766,000 |
| Total capital | 15,154,000 | 15,396,000 | 16,784,000 | 17,294,000 |
| Risk-weighted assets | 122,593,000 | 125,012,000 | 128,598,000 | 141,558,000 |