Call reports 2022
BANK OF FARMINGTON — 2022
What BANK OF FARMINGTON reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 218,671,000 | 216,406,000 | 216,975,000 | 217,551,000 |
| Total loans | 149,852,000 | 156,525,000 | 164,237,000 | 166,182,000 |
| Allowance for loan losses | 1,765,000 | 1,836,000 | 1,887,000 | 1,925,000 |
| Securities available for sale | 41,467,000 | 37,746,000 | 34,134,000 | 34,437,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,788,000 | 193,175,000 | 196,818,000 | 191,251,000 |
| Interest-bearing deposits | 163,540,000 | 165,835,000 | 166,156,000 | 161,930,000 |
| Noninterest-bearing deposits | 27,248,000 | 27,340,000 | 30,662,000 | 29,321,000 |
| Equity capital | 20,616,000 | 18,792,000 | 18,376,000 | 19,427,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,789,000 | 3,656,000 | 5,672,000 | 7,828,000 |
| Interest expense | 139,000 | 279,000 | 462,000 | 767,000 |
| Net interest income | 1,650,000 | 3,377,000 | 5,210,000 | 7,061,000 |
| Noninterest income | 125,000 | 223,000 | 386,000 | 513,000 |
| Noninterest expense | 1,275,000 | 2,554,000 | 3,826,000 | 5,198,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 464,000 | 965,000 | 1,621,000 | 2,182,000 |
| Income tax | 95,000 | 25,000 | 177,000 | 339,000 |
| Net income | 369,000 | 940,000 | 1,444,000 | 1,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,045,000 | 22,544,000 | 22,696,000 | 23,093,000 |
| Total capital | 23,810,000 | 24,380,000 | 24,583,000 | 25,018,000 |
| Risk-weighted assets | 161,872,000 | 167,713,000 | 177,014,000 | 177,485,000 |