Call reports 2016
FARMERS NATIONAL BANK OF GRIGGSVILLE — 2016
What FARMERS NATIONAL BANK OF GRIGGSVILLE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 81,451,000 | 81,334,000 | 86,072,000 | 84,284,000 |
| Total loans | 62,053,000 | 64,756,000 | 66,150,000 | 66,131,000 |
| Allowance for loan losses | 790,000 | 798,000 | 823,000 | 828,000 |
| Securities available for sale | 8,778,000 | 8,583,000 | 8,505,000 | 7,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,515,000 | 71,157,000 | 75,761,000 | 75,905,000 |
| Interest-bearing deposits | 58,872,000 | 61,089,000 | 63,868,000 | 62,697,000 |
| Noninterest-bearing deposits | 12,643,000 | 10,068,000 | 11,893,000 | 13,208,000 |
| Equity capital | 7,584,000 | 7,756,000 | 7,910,000 | 8,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 902,000 | 1,868,000 | 2,801,000 | 3,719,000 |
| Interest expense | 120,000 | 248,000 | 386,000 | 528,000 |
| Net interest income | 782,000 | 1,620,000 | 2,415,000 | 3,191,000 |
| Noninterest income | 85,000 | 246,000 | 420,000 | 571,000 |
| Noninterest expense | 537,000 | 1,090,000 | 1,633,000 | 2,176,000 |
| Provision for loan losses | 27,000 | 54,000 | 81,000 | 108,000 |
| Pretax income | 303,000 | 722,000 | 1,121,000 | 1,478,000 |
| Income tax | 5,000 | 11,000 | 16,000 | 24,000 |
| Net income | 298,000 | 711,000 | 1,105,000 | 1,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,555,000 | 7,692,000 | 7,860,000 | 8,171,000 |
| Total capital | 8,335,000 | 8,490,000 | 8,683,000 | 8,999,000 |
| Risk-weighted assets | 62,369,000 | 63,944,000 | 66,234,000 | 66,626,000 |