Call reports 2009
BANK OF FARMINGTON — 2009
What BANK OF FARMINGTON reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 80,365,000 | 82,279,000 | 86,650,000 | 88,672,000 |
| Total loans | 52,172,000 | 54,679,000 | 56,331,000 | 58,492,000 |
| Allowance for loan losses | 544,000 | 553,000 | 557,000 | 589,000 |
| Securities available for sale | 20,499,000 | 22,013,000 | 22,967,000 | 22,676,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,381,000 | 70,144,000 | 73,860,000 | 76,274,000 |
| Interest-bearing deposits | 62,633,000 | 64,073,000 | 68,040,000 | 69,666,000 |
| Noninterest-bearing deposits | 5,748,000 | 6,071,000 | 5,820,000 | 6,608,000 |
| Equity capital | 10,066,000 | 10,280,000 | 10,775,000 | 10,467,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,089,000 | 2,210,000 | 3,359,000 | 4,528,000 |
| Interest expense | 456,000 | 889,000 | 1,317,000 | 1,739,000 |
| Net interest income | 633,000 | 1,321,000 | 2,042,000 | 2,789,000 |
| Noninterest income | 95,000 | 205,000 | 304,000 | 406,000 |
| Noninterest expense | 447,000 | 928,000 | 1,465,000 | 1,992,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 76,000 |
| Pretax income | 266,000 | 568,000 | 838,000 | 1,129,000 |
| Income tax | 26,000 | 52,000 | 79,000 | 216,000 |
| Net income | 240,000 | 516,000 | 759,000 | 913,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,958,000 | 10,130,000 | 10,261,000 | 10,170,000 |
| Total capital | 10,502,000 | 10,683,000 | 10,818,000 | 10,759,000 |
| Risk-weighted assets | 56,888,000 | 58,968,000 | 60,711,000 | 62,744,000 |