Call reports 2016
FARMINGTON STATE BANK — 2016
What FARMINGTON STATE BANK 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 | 9,719,000 | 9,583,000 | 8,929,000 | 10,194,000 |
| Total loans | 4,995,000 | 5,799,000 | 5,226,000 | 5,139,000 |
| Allowance for loan losses | 83,000 | 84,000 | 85,000 | 86,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 150,000 | 137,000 | 137,000 | 137,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,099,000 | 7,949,000 | 7,270,000 | 8,559,000 |
| Interest-bearing deposits | 6,598,000 | 6,418,000 | 5,768,000 | 6,089,000 |
| Noninterest-bearing deposits | 1,501,000 | 1,531,000 | 1,502,000 | 2,470,000 |
| Equity capital | 1,620,000 | 1,633,000 | 1,659,000 | 1,633,000 |
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 | 83,000 | 174,000 | 275,000 | 359,000 |
| Interest expense | 0 | 4,000 | 5,000 | 6,000 |
| Net interest income | 83,000 | 170,000 | 270,000 | 353,000 |
| Noninterest income | 0 | 2,000 | 3,000 | 5,000 |
| Noninterest expense | 75,000 | 149,000 | 222,000 | 300,000 |
| Provision for loan losses | 1,000 | 2,000 | 3,000 | 4,000 |
| Pretax income | 7,000 | 21,000 | 48,000 | 54,000 |
| Income tax | 0 | 1,000 | 3,000 | 5,000 |
| Net income | 7,000 | 20,000 | 45,000 | 49,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,620,000 | 1,633,000 | 1,659,000 | 1,633,000 |
| Total capital | 1,698,000 | 1,717,000 | 1,737,000 | 1,717,000 |
| Risk-weighted assets | 6,236,000 | 6,623,000 | 6,194,000 | 6,733,000 |