Call reports 2001
BANK OF FARMINGTON — 2001
What BANK OF FARMINGTON reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 52,738,000 | 54,432,000 | 55,177,000 | 56,941,000 |
| Total loans | 27,714,000 | 28,305,000 | 30,173,000 | 29,882,000 |
| Allowance for loan losses | 422,000 | 434,000 | 450,000 | 460,000 |
| Securities available for sale | 20,647,000 | 21,347,000 | 20,547,000 | 21,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,575,000 | 47,061,000 | 47,440,000 | 49,524,000 |
| Interest-bearing deposits | 41,254,000 | 42,893,000 | 43,700,000 | 45,186,000 |
| Noninterest-bearing deposits | 4,321,000 | 4,168,000 | 3,740,000 | 4,338,000 |
| Equity capital | 6,658,000 | 6,846,000 | 7,108,000 | 6,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 897,000 | 1,805,000 | 2,710,000 | 3,582,000 |
| Interest expense | 474,000 | 961,000 | 1,444,000 | 1,896,000 |
| Net interest income | 423,000 | 844,000 | 1,266,000 | 1,686,000 |
| Noninterest income | 58,000 | 115,000 | 164,000 | 210,000 |
| Noninterest expense | 239,000 | 495,000 | 795,000 | 1,096,000 |
| Provision for loan losses | 44,000 | 65,000 | 84,000 | 172,000 |
| Pretax income | 201,000 | 421,000 | 589,000 | 674,000 |
| Income tax | 30,000 | 56,000 | 82,000 | 69,000 |
| Net income | 171,000 | 365,000 | 507,000 | 605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,448,000 | 6,618,000 | 6,737,000 | 6,758,000 |
| Total capital | 6,817,000 | 6,991,000 | 7,130,000 | 7,151,000 |
| Risk-weighted assets | 29,453,000 | 29,751,000 | 31,383,000 | 31,385,000 |