Call reports 2016
FARMERS BANK OF WILLARDS, THE — 2016
What FARMERS BANK OF WILLARDS, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 316,534,000 | 325,781,000 | 328,559,000 | 336,000,000 |
| Total loans | 277,113,000 | 285,851,000 | 282,360,000 | 298,041,000 |
| Allowance for loan losses | 4,961,000 | 4,845,000 | 4,525,000 | 4,755,000 |
| Securities available for sale | 5,442,000 | 5,484,000 | 5,958,000 | 6,142,000 |
| Securities held to maturity | 3,826,000 | 3,741,000 | 3,492,000 | 3,263,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,424,000 | 259,838,000 | 263,574,000 | 266,853,000 |
| Interest-bearing deposits | 197,335,000 | 200,954,000 | 200,162,000 | 204,536,000 |
| Noninterest-bearing deposits | 52,089,000 | 58,884,000 | 63,412,000 | 62,317,000 |
| Equity capital | 35,724,000 | 36,402,000 | 37,211,000 | 36,828,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,842,000 | 7,805,000 | 11,843,000 | 15,921,000 |
| Interest expense | 586,000 | 1,170,000 | 1,770,000 | 2,361,000 |
| Net interest income | 3,256,000 | 6,635,000 | 10,073,000 | 13,560,000 |
| Noninterest income | -43,000 | -106,000 | 181,000 | 448,000 |
| Noninterest expense | 2,240,000 | 4,390,000 | 6,769,000 | 9,016,000 |
| Provision for loan losses | 75,000 | 214,000 | 214,000 | 674,000 |
| Pretax income | 898,000 | 1,925,000 | 3,271,000 | 4,318,000 |
| Income tax | 328,000 | 704,000 | 1,207,000 | 1,588,000 |
| Net income | 570,000 | 1,221,000 | 2,064,000 | 2,730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,696,000 | 36,358,000 | 37,180,000 | 36,871,000 |
| Total capital | 38,859,000 | 39,659,000 | 40,449,000 | 40,278,000 |
| Risk-weighted assets | 251,302,000 | 262,551,000 | 260,254,000 | 271,205,000 |