Call reports 2019
FARMINGTON STATE BANK — 2019
What FARMINGTON STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 9,555,000 | 8,997,000 | 8,418,000 | 9,478,000 |
| Total loans | 4,282,000 | 4,924,000 | 4,990,000 | 3,995,000 |
| Allowance for loan losses | 93,000 | 93,000 | 93,000 | 93,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 108,000 | 92,000 | 92,000 | 92,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,916,000 | 7,335,000 | 6,729,000 | 7,785,000 |
| Interest-bearing deposits | 6,214,000 | 5,761,000 | 5,135,000 | 6,132,000 |
| Noninterest-bearing deposits | 1,702,000 | 1,574,000 | 1,594,000 | 1,653,000 |
| Equity capital | 1,640,000 | 1,661,000 | 1,689,000 | 1,692,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 91,000 | 190,000 | 290,000 | 379,000 |
| Interest expense | 4,000 | 9,000 | 13,000 | 17,000 |
| Net interest income | 87,000 | 181,000 | 277,000 | 362,000 |
| Noninterest income | 1,000 | 1,000 | 2,000 | 3,000 |
| Noninterest expense | 79,000 | 152,000 | 221,000 | 303,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,000 | 30,000 | 58,000 | 62,000 |
| Income tax | -5,000 | -5,000 | -5,000 | -5,000 |
| Net income | 14,000 | 35,000 | 63,000 | 67,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,640,000 | 1,661,000 | 1,689,000 | 1,692,000 |
| Total capital | 1,685,000 | 1,712,000 | 1,740,000 | 1,736,000 |
| Risk-weighted assets | 3,576,000 | 4,078,000 | 4,078,000 | 3,491,000 |