Call reports 2017
BANK OF FARMINGTON — 2017
What BANK OF FARMINGTON reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 155,551,000 | 151,597,000 | 160,870,000 | 158,188,000 |
| Total loans | 104,504,000 | 109,359,000 | 113,481,000 | 114,808,000 |
| Allowance for loan losses | 976,000 | 1,118,000 | 1,157,000 | 1,195,000 |
| Securities available for sale | 38,785,000 | 33,690,000 | 33,496,000 | 33,841,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,329,000 | 131,066,000 | 140,094,000 | 137,665,000 |
| Interest-bearing deposits | 122,868,000 | 119,518,000 | 129,453,000 | 126,380,000 |
| Noninterest-bearing deposits | 12,461,000 | 11,548,000 | 10,641,000 | 11,285,000 |
| Equity capital | 17,691,000 | 17,879,000 | 18,156,000 | 17,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,457,000 | 2,922,000 | 4,463,000 | 6,030,000 |
| Interest expense | 241,000 | 473,000 | 735,000 | 998,000 |
| Net interest income | 1,216,000 | 2,449,000 | 3,728,000 | 5,032,000 |
| Noninterest income | 104,000 | 217,000 | 330,000 | 465,000 |
| Noninterest expense | 796,000 | 1,622,000 | 2,562,000 | 3,543,000 |
| Provision for loan losses | 45,000 | 515,000 | 560,000 | 605,000 |
| Pretax income | 535,000 | 605,000 | 1,013,000 | 1,426,000 |
| Income tax | 145,000 | 280,000 | 320,000 | 507,000 |
| Net income | 390,000 | 325,000 | 693,000 | 919,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,902,000 | 17,775,000 | 18,080,000 | 18,100,000 |
| Total capital | 18,878,000 | 18,893,000 | 19,237,000 | 19,295,000 |
| Risk-weighted assets | 112,107,000 | 114,892,000 | 120,159,000 | 120,004,000 |