Call reports 2012
FARMBANK — 2012
What FARMBANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 35,367,000 | 33,464,000 | 33,408,000 | 34,114,000 |
| Total loans | 15,485,000 | 14,937,000 | 14,785,000 | 14,492,000 |
| Allowance for loan losses | 324,000 | 335,000 | 349,000 | 364,000 |
| Securities available for sale | 10,051,000 | 7,830,000 | 7,033,000 | 8,124,000 |
| Securities held to maturity | 2,583,000 | 2,618,000 | 2,672,000 | 2,611,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,666,000 | 25,719,000 | 26,092,000 | 26,657,000 |
| Interest-bearing deposits | 23,365,000 | 22,548,000 | 22,827,000 | 23,283,000 |
| Noninterest-bearing deposits | 3,301,000 | 3,171,000 | 3,265,000 | 3,374,000 |
| Equity capital | 3,373,000 | 3,379,000 | 3,443,000 | 3,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 310,000 | 611,000 | 896,000 | 1,186,000 |
| Interest expense | 54,000 | 103,000 | 151,000 | 198,000 |
| Net interest income | 256,000 | 508,000 | 745,000 | 988,000 |
| Noninterest income | 23,000 | 54,000 | 86,000 | 123,000 |
| Noninterest expense | 190,000 | 388,000 | 594,000 | 779,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 74,000 | 144,000 | 192,000 | 314,000 |
| Income tax | 20,000 | 38,000 | 51,000 | 91,000 |
| Net income | 54,000 | 106,000 | 141,000 | 223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,320,000 | 3,312,000 | 3,347,000 | 3,369,000 |
| Total capital | 3,644,000 | 3,635,000 | 3,680,000 | 3,701,000 |
| Risk-weighted assets | 26,541,000 | 25,822,000 | 26,589,000 | 26,504,000 |