Call reports 2013
BANK OF FARMINGTON — 2013
What BANK OF FARMINGTON reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 129,438,000 | 128,540,000 | 130,713,000 | 128,651,000 |
| Total loans | 75,912,000 | 78,981,000 | 83,572,000 | 86,704,000 |
| Allowance for loan losses | 866,000 | 949,000 | 989,000 | 1,014,000 |
| Securities available for sale | 42,814,000 | 40,091,000 | 38,544,000 | 34,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,539,000 | 112,610,000 | 114,425,000 | 111,671,000 |
| Interest-bearing deposits | 101,709,000 | 102,533,000 | 105,505,000 | 101,437,000 |
| Noninterest-bearing deposits | 10,830,000 | 10,077,000 | 8,920,000 | 10,234,000 |
| Equity capital | 14,371,000 | 13,585,000 | 13,925,000 | 13,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,240,000 | 2,545,000 | 3,850,000 | 5,177,000 |
| Interest expense | 209,000 | 409,000 | 597,000 | 777,000 |
| Net interest income | 1,031,000 | 2,136,000 | 3,253,000 | 4,400,000 |
| Noninterest income | 80,000 | 161,000 | 245,000 | 327,000 |
| Noninterest expense | 586,000 | 1,233,000 | 1,901,000 | 2,561,000 |
| Provision for loan losses | 90,000 | 180,000 | 297,000 | 339,000 |
| Pretax income | 435,000 | 884,000 | 1,334,000 | 1,975,000 |
| Income tax | 83,000 | 190,000 | 302,000 | 538,000 |
| Net income | 352,000 | 694,000 | 1,032,000 | 1,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,459,000 | 13,738,000 | 13,994,000 | 14,222,000 |
| Total capital | 14,325,000 | 14,687,000 | 14,983,000 | 15,236,000 |
| Risk-weighted assets | 84,562,000 | 86,389,000 | 90,349,000 | 91,756,000 |