Call reports 2016
FARMBANK — 2016
What FARMBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 44,585,000 | 44,487,000 | 43,597,000 | 44,505,000 |
| Total loans | 27,046,000 | 28,070,000 | 29,190,000 | 30,745,000 |
| Allowance for loan losses | 345,000 | 360,000 | 375,000 | 384,000 |
| Securities available for sale | 10,221,000 | 10,075,000 | 9,830,000 | 9,186,000 |
| Securities held to maturity | 2,718,000 | 2,618,000 | 2,617,000 | 2,616,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,142,000 | 34,418,000 | 34,402,000 | 36,576,000 |
| Interest-bearing deposits | 28,331,000 | 29,384,000 | 29,694,000 | 31,351,000 |
| Noninterest-bearing deposits | 4,811,000 | 5,034,000 | 4,708,000 | 5,225,000 |
| Equity capital | 4,162,000 | 4,284,000 | 4,329,000 | 4,265,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 423,000 | 870,000 | 1,322,000 | 1,802,000 |
| Interest expense | 54,000 | 115,000 | 182,000 | 254,000 |
| Net interest income | 369,000 | 755,000 | 1,140,000 | 1,548,000 |
| Noninterest income | 23,000 | 53,000 | 81,000 | 110,000 |
| Noninterest expense | 270,000 | 572,000 | 904,000 | 1,237,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 107,000 | 206,000 | 272,000 | 361,000 |
| Income tax | 32,000 | 62,000 | 71,000 | 116,000 |
| Net income | 75,000 | 144,000 | 201,000 | 245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,109,000 | 4,179,000 | 4,236,000 | 4,270,000 |
| Total capital | 4,454,000 | 4,539,000 | 4,611,000 | 4,654,000 |
| Risk-weighted assets | 29,342,000 | 30,369,000 | 31,094,000 | 32,684,000 |