Call reports 2018
FAIRFIELD NATIONAL BANK, THE — 2018
What FAIRFIELD NATIONAL BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 554,190,000 | 567,557,000 | 562,046,000 | 568,370,000 |
| Total loans | 330,869,000 | 346,340,000 | 347,016,000 | 352,187,000 |
| Allowance for loan losses | 1,561,000 | 1,489,000 | 1,346,000 | 1,506,000 |
| Securities available for sale | 187,792,000 | 186,477,000 | 179,109,000 | 175,875,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,672,000 | 350,460,000 | 344,634,000 | 352,063,000 |
| Interest-bearing deposits | 333,084,000 | 326,913,000 | 317,111,000 | 325,526,000 |
| Noninterest-bearing deposits | 28,588,000 | 23,547,000 | 27,523,000 | 26,537,000 |
| Equity capital | 59,171,000 | 60,744,000 | 60,963,000 | 62,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,869,000 | 9,955,000 | 15,236,000 | 20,563,000 |
| Interest expense | 1,321,000 | 2,872,000 | 4,600,000 | 6,418,000 |
| Net interest income | 3,548,000 | 7,083,000 | 10,636,000 | 14,145,000 |
| Noninterest income | 400,000 | 821,000 | 1,273,000 | 1,684,000 |
| Noninterest expense | 1,779,000 | 3,553,000 | 5,372,000 | 7,268,000 |
| Provision for loan losses | 200,000 | 200,000 | 300,000 | 500,000 |
| Pretax income | 1,969,000 | 4,151,000 | 6,237,000 | 8,061,000 |
| Income tax | 330,000 | 711,000 | 1,067,000 | 1,307,000 |
| Net income | 1,639,000 | 3,440,000 | 5,170,000 | 6,754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,846,000 | 60,024,000 | 61,776,000 | 62,358,000 |
| Total capital | 60,407,000 | 61,513,000 | 63,122,000 | 63,864,000 |
| Risk-weighted assets | 277,742,000 | 289,295,000 | 295,583,000 | 300,303,000 |