Call reports 2004
FARMERS BANK OF WILLARDS, THE — 2004
What FARMERS BANK OF WILLARDS, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 167,326,000 | 174,928,000 | 181,409,000 | 188,137,000 |
| Total loans | 132,355,000 | 142,202,000 | 155,750,000 | 161,669,000 |
| Allowance for loan losses | 1,337,000 | 1,497,000 | 1,567,000 | 1,596,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,386,000 | 18,079,000 | 17,705,000 | 16,294,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,000,000 | 159,098,000 | 164,754,000 | 170,747,000 |
| Interest-bearing deposits | 132,056,000 | 138,942,000 | 142,870,000 | 144,841,000 |
| Noninterest-bearing deposits | 19,944,000 | 20,156,000 | 21,884,000 | 25,906,000 |
| Equity capital | 14,798,000 | 15,252,000 | 15,932,000 | 16,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,600,000 | 5,219,000 | 8,074,000 | 11,095,000 |
| Interest expense | 722,000 | 1,477,000 | 2,246,000 | 3,039,000 |
| Net interest income | 1,878,000 | 3,742,000 | 5,828,000 | 8,056,000 |
| Noninterest income | 137,000 | 248,000 | 385,000 | 523,000 |
| Noninterest expense | 1,025,000 | 2,200,000 | 3,306,000 | 4,474,000 |
| Provision for loan losses | 120,000 | 240,000 | 320,000 | 360,000 |
| Pretax income | 870,000 | 1,550,000 | 2,587,000 | 3,747,000 |
| Income tax | 294,000 | 520,000 | 877,000 | 1,282,000 |
| Net income | 576,000 | 1,030,000 | 1,710,000 | 2,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,798,000 | 15,252,000 | 15,932,000 | 16,286,000 |
| Total capital | 16,135,000 | 16,734,000 | 17,499,000 | 17,882,000 |
| Risk-weighted assets | 110,769,000 | 118,535,000 | 129,090,000 | 135,767,000 |