Call reports 2006
BANK OF FARMINGTON — 2006
What BANK OF FARMINGTON reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 66,392,000 | 65,763,000 | 65,500,000 | 64,081,000 |
| Total loans | 37,046,000 | 37,317,000 | 37,977,000 | 38,146,000 |
| Allowance for loan losses | 500,000 | 499,000 | 499,000 | 499,000 |
| Securities available for sale | 24,033,000 | 23,467,000 | 23,630,000 | 22,232,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,902,000 | 54,338,000 | 53,643,000 | 51,962,000 |
| Interest-bearing deposits | 50,217,000 | 49,234,000 | 48,421,000 | 46,572,000 |
| Noninterest-bearing deposits | 4,685,000 | 5,104,000 | 5,222,000 | 5,390,000 |
| Equity capital | 8,799,000 | 8,716,000 | 9,120,000 | 9,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 874,000 | 1,749,000 | 2,652,000 | 3,563,000 |
| Interest expense | 390,000 | 800,000 | 1,224,000 | 1,656,000 |
| Net interest income | 484,000 | 949,000 | 1,428,000 | 1,907,000 |
| Noninterest income | 84,000 | 162,000 | 235,000 | 304,000 |
| Noninterest expense | 327,000 | 679,000 | 1,028,000 | 1,403,000 |
| Provision for loan losses | 16,000 | 25,000 | 32,000 | 34,000 |
| Pretax income | 227,000 | 409,000 | 605,000 | 770,000 |
| Income tax | 30,000 | 60,000 | 90,000 | 70,000 |
| Net income | 197,000 | 349,000 | 515,000 | 700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,824,000 | 8,918,000 | 9,034,000 | 9,117,000 |
| Total capital | 9,324,000 | 9,417,000 | 9,533,000 | 9,616,000 |
| Risk-weighted assets | 40,987,000 | 41,176,000 | 41,587,000 | 41,148,000 |