Call reports 2015
FARMBANK — 2015
What FARMBANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 40,647,000 | 41,283,000 | 40,726,000 | 40,746,000 |
| Total loans | 23,424,000 | 23,958,000 | 24,515,000 | 25,854,000 |
| Allowance for loan losses | 342,000 | 320,000 | 320,000 | 331,000 |
| Securities available for sale | 10,770,000 | 10,951,000 | 10,894,000 | 10,527,000 |
| Securities held to maturity | 2,600,000 | 2,600,000 | 2,510,000 | 2,719,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,624,000 | 30,147,000 | 29,420,000 | 30,451,000 |
| Interest-bearing deposits | 24,652,000 | 25,658,000 | 25,159,000 | 25,822,000 |
| Noninterest-bearing deposits | 4,972,000 | 4,489,000 | 4,261,000 | 4,629,000 |
| Equity capital | 3,839,000 | 3,900,000 | 4,011,000 | 4,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 377,000 | 770,000 | 1,169,000 | 1,579,000 |
| Interest expense | 39,000 | 82,000 | 128,000 | 178,000 |
| Net interest income | 338,000 | 688,000 | 1,041,000 | 1,401,000 |
| Noninterest income | 22,000 | 50,000 | 77,000 | 106,000 |
| Noninterest expense | 239,000 | 473,000 | 732,000 | 1,016,000 |
| Provision for loan losses | 20,000 | 35,000 | 50,000 | 65,000 |
| Pretax income | 101,000 | 230,000 | 336,000 | 429,000 |
| Income tax | 32,000 | 74,000 | 105,000 | 119,000 |
| Net income | 69,000 | 156,000 | 231,000 | 310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,794,000 | 3,900,000 | 3,956,000 | 4,035,000 |
| Total capital | 4,136,000 | 4,220,000 | 4,276,000 | 4,366,000 |
| Risk-weighted assets | 28,747,000 | 26,215,000 | 26,783,000 | 27,790,000 |