Call reports 2021
FARMINGTON STATE BANK — 2021
What FARMINGTON STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 14,653,000 | 16,472,000 | 17,014,000 | 18,037,000 |
| Total loans | 4,774,000 | 7,092,000 | 9,288,000 | 9,725,000 |
| Allowance for loan losses | 0 | 0 | 19,000 | 22,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 75,000 | 58,000 | 58,000 | 58,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,539,000 | 10,565,000 | 10,798,000 | 11,842,000 |
| Interest-bearing deposits | 6,222,000 | 6,398,000 | 6,589,000 | 7,628,000 |
| Noninterest-bearing deposits | 2,317,000 | 4,167,000 | 4,209,000 | 4,214,000 |
| Equity capital | 6,114,000 | 5,907,000 | 6,216,000 | 6,195,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 77,000 | 175,000 | 298,000 | 416,000 |
| Interest expense | 7,000 | 13,000 | 20,000 | 27,000 |
| Net interest income | 70,000 | 162,000 | 278,000 | 389,000 |
| Noninterest income | 1,000 | 2,000 | 3,000 | 5,000 |
| Noninterest expense | 210,000 | 510,000 | 794,000 | 1,176,000 |
| Provision for loan losses | 0 | 0 | 24,000 | 26,000 |
| Pretax income | -139,000 | -346,000 | -537,000 | -808,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -139,000 | -346,000 | -537,000 | -808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,846,000 | 4,674,000 | 5,018,000 | 5,031,000 |