Call reports 2021
BANK OF FARMINGTON — 2021
What BANK OF FARMINGTON reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 207,293,000 | 211,846,000 | 217,482,000 | 222,697,000 |
| Total loans | 139,929,000 | 146,694,000 | 141,228,000 | 149,252,000 |
| Allowance for loan losses | 1,480,000 | 1,580,000 | 1,669,000 | 1,720,000 |
| Securities available for sale | 47,792,000 | 45,699,000 | 45,114,000 | 46,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,237,000 | 178,008,000 | 185,080,000 | 190,221,000 |
| Interest-bearing deposits | 143,596,000 | 149,724,000 | 156,314,000 | 160,912,000 |
| Noninterest-bearing deposits | 31,641,000 | 28,284,000 | 28,766,000 | 29,309,000 |
| Equity capital | 21,926,000 | 22,686,000 | 22,975,000 | 22,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,806,000 | 3,618,000 | 5,478,000 | 7,412,000 |
| Interest expense | 239,000 | 424,000 | 587,000 | 728,000 |
| Net interest income | 1,567,000 | 3,194,000 | 4,891,000 | 6,684,000 |
| Noninterest income | 149,000 | 257,000 | 374,000 | 494,000 |
| Noninterest expense | 1,214,000 | 2,218,000 | 3,501,000 | 4,805,000 |
| Provision for loan losses | 47,000 | 121,000 | 211,000 | 300,000 |
| Pretax income | 455,000 | 1,152,000 | 1,593,000 | 2,117,000 |
| Income tax | 109,000 | 261,000 | 328,000 | 436,000 |
| Net income | 346,000 | 891,000 | 1,265,000 | 1,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,149,000 | 21,614,000 | 21,889,000 | 22,069,000 |
| Total capital | 22,629,000 | 23,194,000 | 23,558,000 | 23,789,000 |
| Risk-weighted assets | 141,071,000 | 148,178,000 | 150,119,000 | 160,792,000 |