Call reports 2014
BANK OF FARMINGTON — 2014
What BANK OF FARMINGTON reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 134,356,000 | 135,355,000 | 137,223,000 | 136,982,000 |
| Total loans | 85,898,000 | 89,147,000 | 90,724,000 | 93,426,000 |
| Allowance for loan losses | 993,000 | 991,000 | 990,000 | 928,000 |
| Securities available for sale | 38,761,000 | 39,092,000 | 37,295,000 | 36,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,335,000 | 116,949,000 | 119,298,000 | 117,165,000 |
| Interest-bearing deposits | 107,217,000 | 107,062,000 | 110,084,000 | 107,555,000 |
| Noninterest-bearing deposits | 10,118,000 | 9,887,000 | 9,214,000 | 9,610,000 |
| Equity capital | 14,504,000 | 15,132,000 | 15,548,000 | 15,884,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,287,000 | 2,591,000 | 3,914,000 | 5,257,000 |
| Interest expense | 178,000 | 351,000 | 531,000 | 713,000 |
| Net interest income | 1,109,000 | 2,240,000 | 3,383,000 | 4,544,000 |
| Noninterest income | 91,000 | 191,000 | 329,000 | 444,000 |
| Noninterest expense | 652,000 | 1,330,000 | 2,043,000 | 2,727,000 |
| Provision for loan losses | 42,000 | 89,000 | 119,000 | 149,000 |
| Pretax income | 506,000 | 1,030,000 | 1,575,000 | 2,137,000 |
| Income tax | 123,000 | 257,000 | 392,000 | 575,000 |
| Net income | 383,000 | 773,000 | 1,183,000 | 1,562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,564,000 | 14,891,000 | 15,218,000 | 15,390,000 |
| Total capital | 15,557,000 | 15,882,000 | 16,208,000 | 16,318,000 |
| Risk-weighted assets | 92,642,000 | 93,501,000 | 95,047,000 | 96,673,000 |