Call reports 2018
BANK OF FARMINGTON — 2018
What BANK OF FARMINGTON reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 155,775,000 | 173,623,000 | 174,185,000 | 175,758,000 |
| Total loans | 110,723,000 | 117,384,000 | 121,833,000 | 121,791,000 |
| Allowance for loan losses | 1,200,000 | 1,241,000 | 1,284,000 | 1,220,000 |
| Securities available for sale | 33,751,000 | 33,431,000 | 33,116,000 | 34,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,476,000 | 150,294,000 | 152,900,000 | 153,879,000 |
| Interest-bearing deposits | 118,414,000 | 133,589,000 | 137,722,000 | 135,307,000 |
| Noninterest-bearing deposits | 18,062,000 | 16,705,000 | 15,178,000 | 18,572,000 |
| Equity capital | 16,942,000 | 19,355,000 | 19,423,000 | 19,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,522,000 | 3,179,000 | 4,948,000 | 6,753,000 |
| Interest expense | 259,000 | 538,000 | 867,000 | 1,216,000 |
| Net interest income | 1,263,000 | 2,641,000 | 4,081,000 | 5,537,000 |
| Noninterest income | 110,000 | 228,000 | 337,000 | 427,000 |
| Noninterest expense | 944,000 | 1,964,000 | 3,060,000 | 4,161,000 |
| Provision for loan losses | 166,000 | 210,000 | 255,000 | 300,000 |
| Pretax income | 263,000 | 695,000 | 1,103,000 | 1,503,000 |
| Income tax | 95,000 | 163,000 | 224,000 | 302,000 |
| Net income | 168,000 | 532,000 | 879,000 | 1,201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,526,000 | 19,770,000 | 20,032,000 | 20,291,000 |
| Total capital | 18,726,000 | 21,011,000 | 21,316,000 | 21,511,000 |
| Risk-weighted assets | 111,677,000 | 119,940,000 | 128,442,000 | 122,157,000 |