Call reports 2019
FARMBANK — 2019
What FARMBANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 55,054,000 | 56,227,000 | 55,383,000 | 55,052,000 |
| Total loans | 41,178,000 | 41,716,000 | 42,749,000 | 42,096,000 |
| Allowance for loan losses | 381,000 | 356,000 | 518,000 | 552,000 |
| Securities available for sale | 4,194,000 | 3,680,000 | 3,497,000 | 3,802,000 |
| Securities held to maturity | 4,669,000 | 4,775,000 | 4,718,000 | 4,671,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,337,000 | 49,400,000 | 48,291,000 | 46,932,000 |
| Interest-bearing deposits | 42,622,000 | 44,338,000 | 43,483,000 | 41,749,000 |
| Noninterest-bearing deposits | 5,715,000 | 5,062,000 | 4,808,000 | 5,183,000 |
| Equity capital | 5,015,000 | 5,146,000 | 5,156,000 | 5,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 646,000 | 1,320,000 | 2,021,000 | 2,703,000 |
| Interest expense | 169,000 | 354,000 | 550,000 | 753,000 |
| Net interest income | 477,000 | 966,000 | 1,471,000 | 1,950,000 |
| Noninterest income | 30,000 | 66,000 | 101,000 | 135,000 |
| Noninterest expense | 366,000 | 731,000 | 1,128,000 | 1,568,000 |
| Provision for loan losses | 15,000 | 30,000 | 185,000 | 225,000 |
| Pretax income | 114,000 | 261,000 | 252,000 | 285,000 |
| Income tax | 25,000 | 57,000 | 47,000 | 44,000 |
| Net income | 89,000 | 204,000 | 205,000 | 241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,010,000 | 5,124,000 | 5,125,000 | 5,162,000 |
| Total capital | 5,391,000 | 5,480,000 | 5,643,000 | 5,710,000 |
| Risk-weighted assets | 42,238,000 | 42,926,000 | 45,244,000 | 43,906,000 |