Call reports 2018
FARMINGTON STATE BANK — 2018
What FARMINGTON STATE BANK 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 | 10,557,000 | 9,547,000 | 8,756,000 | 9,438,000 |
| Total loans | 3,972,000 | 4,424,000 | 4,183,000 | 4,138,000 |
| Allowance for loan losses | 90,000 | 91,000 | 92,000 | 93,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 123,000 | 108,000 | 108,000 | 108,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,912,000 | 7,934,000 | 7,129,000 | 7,815,000 |
| Interest-bearing deposits | 6,978,000 | 6,407,000 | 5,550,000 | 6,113,000 |
| Noninterest-bearing deposits | 1,934,000 | 1,527,000 | 1,579,000 | 1,702,000 |
| Equity capital | 1,644,000 | 1,613,000 | 1,626,000 | 1,624,000 |
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 | 89,000 | 173,000 | 267,000 | 350,000 |
| Interest expense | 2,000 | 7,000 | 11,000 | 16,000 |
| Net interest income | 87,000 | 166,000 | 256,000 | 334,000 |
| Noninterest income | 2,000 | 1,000 | 0 | 2,000 |
| Noninterest expense | 92,000 | 184,000 | 260,000 | 348,000 |
| Provision for loan losses | 1,000 | 2,000 | 3,000 | 3,000 |
| Pretax income | -4,000 | -19,000 | -7,000 | -15,000 |
| Income tax | 0 | 15,000 | 15,000 | 7,000 |
| Net income | -4,000 | -34,000 | -22,000 | -22,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,644,000 | 1,613,000 | 1,626,000 | 1,624,000 |
| Total capital | 1,683,000 | 1,656,000 | 1,664,000 | 1,668,000 |
| Risk-weighted assets | 3,105,000 | 3,352,000 | 2,997,000 | 3,444,000 |