Call reports 2017
FARMINGTON STATE BANK — 2017
What FARMINGTON STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 10,059,000 | 10,285,000 | 9,683,000 | 10,891,000 |
| Total loans | 4,802,000 | 6,642,000 | 6,140,000 | 4,851,000 |
| Allowance for loan losses | 87,000 | 88,000 | 88,000 | 89,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 137,000 | 123,000 | 123,000 | 123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,418,000 | 8,625,000 | 7,985,000 | 9,243,000 |
| Interest-bearing deposits | 6,526,000 | 6,309,000 | 6,116,000 | 6,937,000 |
| Noninterest-bearing deposits | 1,892,000 | 2,316,000 | 1,869,000 | 2,306,000 |
| Equity capital | 1,642,000 | 1,659,000 | 1,698,000 | 1,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 88,000 | 187,000 | 305,000 | 403,000 |
| Interest expense | 1,000 | 3,000 | 4,000 | 6,000 |
| Net interest income | 87,000 | 184,000 | 301,000 | 397,000 |
| Noninterest income | 2,000 | 3,000 | 4,000 | 4,000 |
| Noninterest expense | 77,000 | 152,000 | 226,000 | 312,000 |
| Provision for loan losses | 1,000 | 2,000 | 1,000 | 3,000 |
| Pretax income | 11,000 | 33,000 | 78,000 | 86,000 |
| Income tax | 0 | 5,000 | 11,000 | 11,000 |
| Net income | 11,000 | 28,000 | 67,000 | 75,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,642,000 | 1,659,000 | 1,698,000 | 1,647,000 |
| Total capital | 1,723,000 | 1,748,000 | 1,786,000 | 1,733,000 |
| Risk-weighted assets | 6,447,000 | 7,715,000 | 7,009,000 | 6,934,000 |