Call reports 2017
FARMBANK — 2017
What FARMBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 45,931,000 | 46,453,000 | 46,297,000 | 47,244,000 |
| Total loans | 31,359,000 | 31,799,000 | 32,790,000 | 33,407,000 |
| Allowance for loan losses | 395,000 | 416,000 | 428,000 | 443,000 |
| Securities available for sale | 7,859,000 | 7,154,000 | 6,495,000 | 4,978,000 |
| Securities held to maturity | 3,817,000 | 3,796,000 | 4,060,000 | 4,162,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,880,000 | 38,562,000 | 38,495,000 | 41,619,000 |
| Interest-bearing deposits | 32,671,000 | 33,674,000 | 33,912,000 | 34,564,000 |
| Noninterest-bearing deposits | 5,209,000 | 4,888,000 | 4,583,000 | 7,055,000 |
| Equity capital | 4,347,000 | 4,409,000 | 4,481,000 | 4,555,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 485,000 | 988,000 | 1,499,000 | 2,035,000 |
| Interest expense | 74,000 | 159,000 | 253,000 | 354,000 |
| Net interest income | 411,000 | 829,000 | 1,246,000 | 1,681,000 |
| Noninterest income | 28,000 | 59,000 | 97,000 | 131,000 |
| Noninterest expense | 341,000 | 694,000 | 1,037,000 | 1,358,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 82,000 | 174,000 | 276,000 | 382,000 |
| Income tax | 19,000 | 50,000 | 78,000 | 96,000 |
| Net income | 63,000 | 124,000 | 198,000 | 286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,332,000 | 4,395,000 | 4,468,000 | 4,556,000 |
| Total capital | 4,727,000 | 4,811,000 | 4,896,000 | 4,999,000 |
| Risk-weighted assets | 33,924,000 | 33,382,000 | 34,237,000 | 35,440,000 |