Call reports 2011
BANK OF FARMINGTON — 2011
What BANK OF FARMINGTON reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 105,039,000 | 104,143,000 | 107,403,000 | 112,826,000 |
| Total loans | 62,174,000 | 63,627,000 | 67,480,000 | 69,099,000 |
| Allowance for loan losses | 712,000 | 766,000 | 792,000 | 824,000 |
| Securities available for sale | 32,142,000 | 33,870,000 | 32,953,000 | 34,297,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,925,000 | 90,319,000 | 91,279,000 | 97,054,000 |
| Interest-bearing deposits | 84,251,000 | 83,381,000 | 84,082,000 | 86,522,000 |
| Noninterest-bearing deposits | 7,674,000 | 6,938,000 | 7,197,000 | 10,532,000 |
| Equity capital | 11,288,000 | 12,073,000 | 12,831,000 | 12,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,224,000 | 2,513,000 | 3,836,000 | 5,176,000 |
| Interest expense | 318,000 | 621,000 | 902,000 | 1,169,000 |
| Net interest income | 906,000 | 1,892,000 | 2,934,000 | 4,007,000 |
| Noninterest income | 80,000 | 166,000 | 245,000 | 334,000 |
| Noninterest expense | 530,000 | 1,052,000 | 1,633,000 | 2,243,000 |
| Provision for loan losses | 30,000 | 78,000 | 131,000 | 181,000 |
| Pretax income | 426,000 | 928,000 | 1,486,000 | 2,000,000 |
| Income tax | 113,000 | 230,000 | 347,000 | 541,000 |
| Net income | 313,000 | 698,000 | 1,139,000 | 1,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,304,000 | 11,643,000 | 12,043,000 | 12,094,000 |
| Total capital | 12,016,000 | 12,409,000 | 12,835,000 | 12,918,000 |
| Risk-weighted assets | 68,522,000 | 69,502,000 | 73,264,000 | 75,286,000 |