Call reports 2022
FIRST FARMBANK — 2022
What FIRST FARMBANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 348,675,000 | 347,436,000 | 347,569,000 | 343,752,000 |
| Total loans | 230,822,000 | 243,931,000 | 252,577,000 | 259,678,000 |
| Allowance for loan losses | 2,785,000 | 2,786,000 | 2,786,000 | 2,785,000 |
| Securities available for sale | 24,179,000 | 22,512,000 | 20,938,000 | 20,697,000 |
| Securities held to maturity | 22,476,000 | 29,095,000 | 29,786,000 | 29,498,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,940,000 | 315,827,000 | 303,256,000 | 301,265,000 |
| Interest-bearing deposits | 265,442,000 | 263,096,000 | 253,855,000 | 244,757,000 |
| Noninterest-bearing deposits | 48,498,000 | 52,731,000 | 49,401,000 | 56,508,000 |
| Equity capital | 30,049,000 | 30,048,000 | 30,672,000 | 31,865,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,977,000 | 6,334,000 | 10,157,000 | 14,374,000 |
| Interest expense | 188,000 | 385,000 | 621,000 | 1,055,000 |
| Net interest income | 2,789,000 | 5,949,000 | 9,536,000 | 13,319,000 |
| Noninterest income | 172,000 | 323,000 | 514,000 | 664,000 |
| Noninterest expense | 2,061,000 | 4,159,000 | 6,306,000 | 8,642,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 900,000 | 2,113,000 | 3,744,000 | 5,341,000 |
| Income tax | 219,000 | 514,000 | 912,000 | 1,318,000 |
| Net income | 681,000 | 1,599,000 | 2,832,000 | 4,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,095,000 | 32,012,000 | 33,246,000 | 34,437,000 |
| Total capital | 33,910,000 | 34,828,000 | 36,062,000 | 37,252,000 |
| Risk-weighted assets | 243,982,000 | 258,296,000 | 269,051,000 | 276,035,000 |