Call reports 2019
FIRST FARMBANK — 2019
What FIRST FARMBANK 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 | 244,447,000 | 251,278,000 | 253,043,000 | 257,126,000 |
| Total loans | 177,140,000 | 182,457,000 | 185,681,000 | 183,351,000 |
| Allowance for loan losses | 2,359,000 | 2,414,000 | 2,394,000 | 2,398,000 |
| Securities available for sale | 32,959,000 | 36,330,000 | 36,633,000 | 41,811,000 |
| Securities held to maturity | 12,980,000 | 12,456,000 | 7,082,000 | 2,823,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,196,000 | 223,122,000 | 222,287,000 | 223,954,000 |
| Interest-bearing deposits | 190,717,000 | 193,181,000 | 190,534,000 | 192,635,000 |
| Noninterest-bearing deposits | 29,479,000 | 29,941,000 | 31,753,000 | 31,319,000 |
| Equity capital | 20,700,000 | 21,659,000 | 22,128,000 | 22,601,000 |
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 | 3,005,000 | 6,193,000 | 9,310,000 | 12,404,000 |
| Interest expense | 708,000 | 1,461,000 | 2,243,000 | 2,972,000 |
| Net interest income | 2,297,000 | 4,732,000 | 7,067,000 | 9,432,000 |
| Noninterest income | 135,000 | 254,000 | 412,000 | 540,000 |
| Noninterest expense | 1,635,000 | 3,367,000 | 5,131,000 | 6,930,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 25,000 |
| Pretax income | 751,000 | 1,573,000 | 2,277,000 | 2,971,000 |
| Income tax | 116,000 | 312,000 | 485,000 | 576,000 |
| Net income | 635,000 | 1,261,000 | 1,792,000 | 2,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,178,000 | 21,677,000 | 22,084,000 | 22,563,000 |
| Total capital | 23,567,000 | 24,121,000 | 24,508,000 | 24,991,000 |
| Risk-weighted assets | 191,573,000 | 197,115,000 | 200,464,000 | 197,980,000 |