Call reports 2019
BANK OF FARMINGTON — 2019
What BANK OF FARMINGTON reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 175,816,000 | 176,730,000 | 180,428,000 | 180,219,000 |
| Total loans | 121,885,000 | 122,400,000 | 121,124,000 | 116,837,000 |
| Allowance for loan losses | 1,280,000 | 1,343,000 | 1,400,000 | 1,415,000 |
| Securities available for sale | 33,317,000 | 34,047,000 | 37,950,000 | 41,658,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,594,000 | 153,892,000 | 157,623,000 | 157,459,000 |
| Interest-bearing deposits | 135,682,000 | 136,930,000 | 141,217,000 | 139,349,000 |
| Noninterest-bearing deposits | 17,912,000 | 16,962,000 | 16,406,000 | 18,110,000 |
| Equity capital | 20,026,000 | 20,803,000 | 21,167,000 | 21,053,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,798,000 | 3,641,000 | 5,513,000 | 7,338,000 |
| Interest expense | 391,000 | 825,000 | 1,277,000 | 1,715,000 |
| Net interest income | 1,407,000 | 2,816,000 | 4,236,000 | 5,623,000 |
| Noninterest income | 107,000 | 215,000 | 329,000 | 420,000 |
| Noninterest expense | 1,039,000 | 2,130,000 | 3,253,000 | 4,408,000 |
| Provision for loan losses | 178,000 | 245,000 | 313,000 | 358,000 |
| Pretax income | 300,000 | 659,000 | 997,000 | 1,275,000 |
| Income tax | 66,000 | 77,000 | 95,000 | 218,000 |
| Net income | 234,000 | 582,000 | 902,000 | 1,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,189,000 | 20,455,000 | 20,693,000 | 20,620,000 |
| Total capital | 21,469,000 | 21,798,000 | 22,093,000 | 22,035,000 |
| Risk-weighted assets | 129,962,000 | 124,445,000 | 124,076,000 | 121,985,000 |