Call reports 2014
FARMERS BANK OF MILTON, THE — 2014
What FARMERS BANK OF MILTON, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 227,170,000 | 225,313,000 | 219,982,000 | 223,626,000 |
| Total loans | 124,609,000 | 127,022,000 | 128,939,000 | 128,740,000 |
| Allowance for loan losses | 1,843,000 | 2,011,000 | 2,107,000 | 2,054,000 |
| Securities available for sale | 84,805,000 | 88,295,000 | 81,443,000 | 80,577,000 |
| Securities held to maturity | 9,000 | 7,000 | 7,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,433,000 | 190,274,000 | 184,825,000 | 190,004,000 |
| Interest-bearing deposits | 170,284,000 | 167,156,000 | 164,032,000 | 168,715,000 |
| Noninterest-bearing deposits | 23,149,000 | 23,118,000 | 20,793,000 | 21,289,000 |
| Equity capital | 29,285,000 | 30,155,000 | 30,711,000 | 31,221,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,076,000 | 4,155,000 | 6,371,000 | 8,514,000 |
| Interest expense | 462,000 | 931,000 | 1,413,000 | 1,885,000 |
| Net interest income | 1,614,000 | 3,224,000 | 4,958,000 | 6,629,000 |
| Noninterest income | 162,000 | 329,000 | 460,000 | 599,000 |
| Noninterest expense | 1,092,000 | 2,241,000 | 3,338,000 | 4,610,000 |
| Provision for loan losses | 160,000 | 540,000 | 705,000 | 704,000 |
| Pretax income | 546,000 | 795,000 | 1,339,000 | 1,925,000 |
| Income tax | 107,000 | 63,000 | 140,000 | 207,000 |
| Net income | 439,000 | 732,000 | 1,199,000 | 1,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,570,000 | 29,863,000 | 30,330,000 | 30,618,000 |
| Total capital | 31,222,000 | 31,523,000 | 32,029,000 | 32,319,000 |
| Risk-weighted assets | 131,988,000 | 132,432,000 | 135,472,000 | 135,742,000 |