Call reports 2016
BANK OF FARMINGTON — 2016
What BANK OF FARMINGTON reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 149,365,000 | 152,044,000 | 157,591,000 | 156,590,000 |
| Total loans | 99,195,000 | 104,962,000 | 106,419,000 | 105,947,000 |
| Allowance for loan losses | 1,006,000 | 911,000 | 934,000 | 931,000 |
| Securities available for sale | 35,054,000 | 35,495,000 | 38,291,000 | 40,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,562,000 | 128,041,000 | 135,040,000 | 135,963,000 |
| Interest-bearing deposits | 114,410,000 | 117,688,000 | 124,480,000 | 125,628,000 |
| Noninterest-bearing deposits | 11,152,000 | 10,353,000 | 10,561,000 | 10,335,000 |
| Equity capital | 17,391,000 | 17,842,000 | 17,947,000 | 17,330,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,373,000 | 2,797,000 | 4,255,000 | 5,750,000 |
| Interest expense | 223,000 | 456,000 | 692,000 | 943,000 |
| Net interest income | 1,150,000 | 2,341,000 | 3,563,000 | 4,807,000 |
| Noninterest income | 184,000 | 228,000 | 328,000 | 434,000 |
| Noninterest expense | 730,000 | 1,461,000 | 2,350,000 | 3,134,000 |
| Provision for loan losses | 75,000 | 150,000 | 175,000 | 175,000 |
| Pretax income | 587,000 | 1,016,000 | 1,424,000 | 1,990,000 |
| Income tax | 133,000 | 262,000 | 429,000 | 551,000 |
| Net income | 454,000 | 754,000 | 995,000 | 1,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,941,000 | 17,179,000 | 17,337,000 | 17,574,000 |
| Total capital | 17,947,000 | 18,090,000 | 18,271,000 | 18,505,000 |
| Risk-weighted assets | 108,110,000 | 112,116,000 | 113,369,000 | 113,016,000 |