Call reports 2005
BANK OF FARMINGTON — 2005
What BANK OF FARMINGTON reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 68,768,000 | 66,610,000 | 65,843,000 | 65,926,000 |
| Total loans | 37,244,000 | 38,804,000 | 38,691,000 | 37,545,000 |
| Allowance for loan losses | 444,000 | 459,000 | 475,000 | 486,000 |
| Securities available for sale | 25,578,000 | 23,264,000 | 22,612,000 | 23,760,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,541,000 | 55,060,000 | 54,615,000 | 54,675,000 |
| Interest-bearing deposits | 52,064,000 | 50,418,000 | 50,144,000 | 49,927,000 |
| Noninterest-bearing deposits | 5,477,000 | 4,642,000 | 4,471,000 | 4,748,000 |
| Equity capital | 8,669,000 | 8,985,000 | 8,640,000 | 8,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 827,000 | 1,659,000 | 2,512,000 | 3,354,000 |
| Interest expense | 284,000 | 576,000 | 899,000 | 1,269,000 |
| Net interest income | 543,000 | 1,083,000 | 1,613,000 | 2,085,000 |
| Noninterest income | 66,000 | 125,000 | 200,000 | 271,000 |
| Noninterest expense | 293,000 | 600,000 | 990,000 | 1,364,000 |
| Provision for loan losses | 20,000 | 54,000 | 104,000 | 121,000 |
| Pretax income | 297,000 | 545,000 | 707,000 | 864,000 |
| Income tax | 46,000 | 100,000 | 148,000 | 109,000 |
| Net income | 251,000 | 445,000 | 559,000 | 755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,649,000 | 8,813,000 | 8,557,000 | 8,649,000 |
| Total capital | 9,093,000 | 9,272,000 | 9,032,000 | 9,135,000 |
| Risk-weighted assets | 40,650,000 | 41,198,000 | 41,820,000 | 41,223,000 |