Call reports 2007
BANK OF FARMINGTON — 2007
What BANK OF FARMINGTON reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 67,367,000 | 68,421,000 | 68,130,000 | 71,060,000 |
| Total loans | 39,091,000 | 40,680,000 | 42,249,000 | 43,711,000 |
| Allowance for loan losses | 498,000 | 499,000 | 499,000 | 499,000 |
| Securities available for sale | 22,546,000 | 22,128,000 | 20,687,000 | 20,988,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,227,000 | 55,316,000 | 54,776,000 | 57,617,000 |
| Interest-bearing deposits | 48,733,000 | 49,474,000 | 49,480,000 | 51,756,000 |
| Noninterest-bearing deposits | 5,494,000 | 5,842,000 | 5,296,000 | 5,861,000 |
| Equity capital | 9,334,000 | 9,239,000 | 9,488,000 | 9,586,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 911,000 | 1,873,000 | 2,874,000 | 3,899,000 |
| Interest expense | 455,000 | 941,000 | 1,455,000 | 1,998,000 |
| Net interest income | 456,000 | 932,000 | 1,419,000 | 1,901,000 |
| Noninterest income | 72,000 | 146,000 | 228,000 | 310,000 |
| Noninterest expense | 358,000 | 752,000 | 1,139,000 | 1,637,000 |
| Provision for loan losses | 4,000 | 4,000 | 6,000 | 6,000 |
| Pretax income | 166,000 | 322,000 | 507,000 | 574,000 |
| Income tax | 22,000 | 43,000 | 64,000 | 10,000 |
| Net income | 144,000 | 279,000 | 443,000 | 564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,240,000 | 9,314,000 | 9,425,000 | 9,453,000 |
| Total capital | 9,738,000 | 9,813,000 | 9,924,000 | 9,952,000 |
| Risk-weighted assets | 42,329,000 | 44,602,000 | 46,007,000 | 47,762,000 |