Call reports 2017
GARRETT STATE BANK, THE — 2017
What GARRETT STATE BANK, THE 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 | 221,871,000 | 229,228,000 | 221,232,000 | 230,338,000 |
| Total loans | 168,284,000 | 171,513,000 | 170,052,000 | 170,911,000 |
| Allowance for loan losses | 1,789,000 | 1,849,000 | 1,893,000 | 1,889,000 |
| Securities available for sale | 29,161,000 | 28,411,000 | 27,262,000 | 25,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,021,000 | 187,702,000 | 178,724,000 | 186,743,000 |
| Interest-bearing deposits | 147,412,000 | 154,429,000 | 145,497,000 | 151,409,000 |
| Noninterest-bearing deposits | 35,609,000 | 33,273,000 | 33,227,000 | 35,334,000 |
| Equity capital | 22,229,000 | 22,902,000 | 23,342,000 | 23,241,000 |
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 | 2,274,000 | 4,607,000 | 6,976,000 | 9,331,000 |
| Interest expense | 298,000 | 607,000 | 938,000 | 1,277,000 |
| Net interest income | 1,976,000 | 4,000,000 | 6,038,000 | 8,054,000 |
| Noninterest income | 181,000 | 343,000 | 531,000 | 700,000 |
| Noninterest expense | 1,138,000 | 2,255,000 | 3,403,000 | 4,829,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 959,000 | 1,968,000 | 2,986,000 | 3,685,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 959,000 | 1,968,000 | 2,986,000 | 3,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,035,000 | 22,465,000 | 22,933,000 | 23,055,000 |
| Total capital | 23,628,000 | 24,068,000 | 24,529,000 | 24,645,000 |
| Risk-weighted assets | 127,321,000 | 128,035,000 | 127,433,000 | 126,953,000 |