Call reports 2004
BANK OF FARMINGTON — 2004
What BANK OF FARMINGTON reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 66,106,000 | 64,857,000 | 68,048,000 | 67,535,000 |
| Total loans | 35,036,000 | 35,909,000 | 36,785,000 | 36,921,000 |
| Allowance for loan losses | 382,000 | 399,000 | 414,000 | 429,000 |
| Securities available for sale | 24,008,000 | 25,198,000 | 25,075,000 | 25,410,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,945,000 | 52,129,000 | 54,661,000 | 56,342,000 |
| Interest-bearing deposits | 48,426,000 | 48,021,000 | 50,658,000 | 51,558,000 |
| Noninterest-bearing deposits | 4,519,000 | 4,108,000 | 4,003,000 | 4,784,000 |
| Equity capital | 8,465,000 | 8,279,000 | 8,754,000 | 8,632,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 777,000 | 1,603,000 | 2,431,000 | 3,278,000 |
| Interest expense | 263,000 | 527,000 | 797,000 | 1,091,000 |
| Net interest income | 514,000 | 1,076,000 | 1,634,000 | 2,187,000 |
| Noninterest income | 66,000 | 146,000 | 224,000 | 273,000 |
| Noninterest expense | 263,000 | 541,000 | 893,000 | 1,290,000 |
| Provision for loan losses | 34,000 | 52,000 | 69,000 | 88,000 |
| Pretax income | 283,000 | 629,000 | 896,000 | 1,083,000 |
| Income tax | 44,000 | 83,000 | 128,000 | 187,000 |
| Net income | 239,000 | 546,000 | 768,000 | 896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,975,000 | 8,253,000 | 8,429,000 | 8,421,000 |
| Total capital | 8,357,000 | 8,652,000 | 8,843,000 | 8,850,000 |
| Risk-weighted assets | 38,184,000 | 38,621,000 | 39,799,000 | 39,990,000 |