Call reports 2010
BANK OF FARMINGTON — 2010
What BANK OF FARMINGTON reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 91,221,000 | 95,608,000 | 97,842,000 | 100,004,000 |
| Total loans | 59,743,000 | 61,160,000 | 63,186,000 | 62,245,000 |
| Allowance for loan losses | 615,000 | 645,000 | 677,000 | 707,000 |
| Securities available for sale | 23,449,000 | 26,662,000 | 27,254,000 | 29,156,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,707,000 | 82,726,000 | 84,362,000 | 87,257,000 |
| Interest-bearing deposits | 71,900,000 | 76,865,000 | 78,024,000 | 80,153,000 |
| Noninterest-bearing deposits | 6,807,000 | 5,861,000 | 6,338,000 | 7,104,000 |
| Equity capital | 10,749,000 | 11,077,000 | 11,522,000 | 10,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,168,000 | 2,394,000 | 3,676,000 | 4,962,000 |
| Interest expense | 382,000 | 761,000 | 1,143,000 | 1,497,000 |
| Net interest income | 786,000 | 1,633,000 | 2,533,000 | 3,465,000 |
| Noninterest income | 92,000 | 180,000 | 268,000 | 353,000 |
| Noninterest expense | 486,000 | 995,000 | 1,543,000 | 2,102,000 |
| Provision for loan losses | 30,000 | 74,000 | 109,000 | 162,000 |
| Pretax income | 365,000 | 747,000 | 1,152,000 | 1,559,000 |
| Income tax | 61,000 | 144,000 | 227,000 | 375,000 |
| Net income | 304,000 | 603,000 | 925,000 | 1,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,453,000 | 10,704,000 | 10,967,000 | 11,012,000 |
| Total capital | 11,068,000 | 11,349,000 | 11,644,000 | 11,719,000 |
| Risk-weighted assets | 64,647,000 | 65,193,000 | 66,876,000 | 67,042,000 |