Call reports 2018
FARMBANK — 2018
What FARMBANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 51,290,000 | 50,037,000 | 52,815,000 | 53,775,000 |
| Total loans | 36,677,000 | 37,733,000 | 40,282,000 | 40,763,000 |
| Allowance for loan losses | 383,000 | 388,000 | 399,000 | 366,000 |
| Securities available for sale | 4,817,000 | 4,487,000 | 4,340,000 | 4,274,000 |
| Securities held to maturity | 4,244,000 | 4,674,000 | 4,779,000 | 4,773,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,479,000 | 42,931,000 | 45,344,000 | 48,189,000 |
| Interest-bearing deposits | 38,090,000 | 38,085,000 | 40,219,000 | 42,854,000 |
| Noninterest-bearing deposits | 7,389,000 | 4,846,000 | 5,125,000 | 5,335,000 |
| Equity capital | 4,601,000 | 4,670,000 | 4,775,000 | 4,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 558,000 | 1,150,000 | 1,783,000 | 2,440,000 |
| Interest expense | 115,000 | 239,000 | 390,000 | 561,000 |
| Net interest income | 443,000 | 911,000 | 1,393,000 | 1,879,000 |
| Noninterest income | 29,000 | 64,000 | 94,000 | 127,000 |
| Noninterest expense | 360,000 | 728,000 | 1,074,000 | 1,458,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 97,000 | 217,000 | 368,000 | 488,000 |
| Income tax | 19,000 | 44,000 | 77,000 | 108,000 |
| Net income | 78,000 | 173,000 | 291,000 | 380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,634,000 | 4,714,000 | 4,832,000 | 4,920,000 |
| Total capital | 5,017,000 | 5,102,000 | 5,231,000 | 5,286,000 |
| Risk-weighted assets | 38,682,000 | 39,945,000 | 42,200,000 | 42,537,000 |