Call reports 2012
BANK OF FARMINGTON — 2012
What BANK OF FARMINGTON reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 117,009,000 | 118,240,000 | 118,681,000 | 124,519,000 |
| Total loans | 67,856,000 | 72,032,000 | 75,261,000 | 77,427,000 |
| Allowance for loan losses | 865,000 | 910,000 | 961,000 | 797,000 |
| Securities available for sale | 38,217,000 | 39,044,000 | 37,393,000 | 38,042,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,049,000 | 102,052,000 | 101,794,000 | 107,700,000 |
| Interest-bearing deposits | 91,287,000 | 93,068,000 | 93,782,000 | 98,118,000 |
| Noninterest-bearing deposits | 9,762,000 | 8,984,000 | 8,012,000 | 9,582,000 |
| Equity capital | 13,364,000 | 13,711,000 | 14,283,000 | 14,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,305,000 | 2,659,000 | 4,020,000 | 5,328,000 |
| Interest expense | 254,000 | 500,000 | 740,000 | 974,000 |
| Net interest income | 1,051,000 | 2,159,000 | 3,280,000 | 4,354,000 |
| Noninterest income | 83,000 | 158,000 | 230,000 | 306,000 |
| Noninterest expense | 546,000 | 1,183,000 | 1,764,000 | 2,374,000 |
| Provision for loan losses | 42,000 | 135,000 | 211,000 | 442,000 |
| Pretax income | 546,000 | 999,000 | 1,630,000 | 1,939,000 |
| Income tax | 150,000 | 310,000 | 472,000 | 519,000 |
| Net income | 396,000 | 689,000 | 1,158,000 | 1,420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,448,000 | 12,677,000 | 13,061,000 | 13,147,000 |
| Total capital | 13,313,000 | 13,587,000 | 14,022,000 | 13,944,000 |
| Risk-weighted assets | 75,306,000 | 78,047,000 | 81,483,000 | 84,503,000 |