Call reports 2015
BANK OF FARMINGTON — 2015
What BANK OF FARMINGTON reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 136,709,000 | 142,126,000 | 141,487,000 | 141,399,000 |
| Total loans | 91,295,000 | 92,860,000 | 96,655,000 | 98,646,000 |
| Allowance for loan losses | 979,000 | 879,000 | 887,000 | 935,000 |
| Securities available for sale | 35,746,000 | 38,129,000 | 36,141,000 | 32,329,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,009,000 | 121,556,000 | 120,711,000 | 118,371,000 |
| Interest-bearing deposits | 107,656,000 | 111,552,000 | 111,077,000 | 108,172,000 |
| Noninterest-bearing deposits | 10,353,000 | 10,004,000 | 9,634,000 | 10,199,000 |
| Equity capital | 16,304,000 | 16,278,000 | 16,622,000 | 16,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,303,000 | 2,632,000 | 4,021,000 | 5,407,000 |
| Interest expense | 182,000 | 371,000 | 571,000 | 768,000 |
| Net interest income | 1,121,000 | 2,261,000 | 3,450,000 | 4,639,000 |
| Noninterest income | 99,000 | 217,000 | 312,000 | 424,000 |
| Noninterest expense | 633,000 | 1,340,000 | 2,014,000 | 2,775,000 |
| Provision for loan losses | 62,000 | 97,000 | 247,000 | 322,000 |
| Pretax income | 525,000 | 1,063,000 | 1,558,000 | 2,096,000 |
| Income tax | 138,000 | 289,000 | 422,000 | 564,000 |
| Net income | 387,000 | 774,000 | 1,136,000 | 1,532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,736,000 | 16,061,000 | 16,340,000 | 16,529,000 |
| Total capital | 16,715,000 | 16,940,000 | 17,227,000 | 17,464,000 |
| Risk-weighted assets | 97,102,000 | 100,030,000 | 102,922,000 | 103,263,000 |