Call reports 2011
FARMBANK — 2011
What FARMBANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 34,356,000 | 32,397,000 | 32,601,000 | 33,286,000 |
| Total loans | 13,656,000 | 14,198,000 | 16,602,000 | 15,696,000 |
| Allowance for loan losses | 307,000 | 322,000 | 358,000 | 309,000 |
| Securities available for sale | 7,196,000 | 8,789,000 | 8,018,000 | 7,374,000 |
| Securities held to maturity | 2,827,000 | 2,606,000 | 2,595,000 | 2,480,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,191,000 | 24,673,000 | 24,133,000 | 25,728,000 |
| Interest-bearing deposits | 24,174,000 | 21,918,000 | 21,382,000 | 22,202,000 |
| Noninterest-bearing deposits | 3,017,000 | 2,755,000 | 2,751,000 | 3,526,000 |
| Equity capital | 3,269,000 | 3,290,000 | 3,350,000 | 3,330,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 322,000 | 646,000 | 985,000 | 1,320,000 |
| Interest expense | 80,000 | 157,000 | 221,000 | 281,000 |
| Net interest income | 242,000 | 489,000 | 764,000 | 1,039,000 |
| Noninterest income | 24,000 | 51,000 | 84,000 | 92,000 |
| Noninterest expense | 180,000 | 374,000 | 555,000 | 747,000 |
| Provision for loan losses | 15,000 | 30,000 | 70,000 | 85,000 |
| Pretax income | 71,000 | 139,000 | 226,000 | 302,000 |
| Income tax | 17,000 | 34,000 | 58,000 | 77,000 |
| Net income | 54,000 | 105,000 | 168,000 | 225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,215,000 | 3,206,000 | 3,269,000 | 3,266,000 |
| Total capital | 3,522,000 | 3,513,000 | 3,587,000 | 3,575,000 |
| Risk-weighted assets | 27,860,000 | 24,579,000 | 25,364,000 | 26,029,000 |