Call reports 2018
FARMERS BANK OF WILLARDS, THE — 2018
What FARMERS BANK OF WILLARDS, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 356,236,000 | 374,695,000 | 379,368,000 | 375,707,000 |
| Total loans | 314,731,000 | 317,180,000 | 321,346,000 | 329,790,000 |
| Allowance for loan losses | 3,263,000 | 3,482,000 | 3,141,000 | 3,298,000 |
| Securities available for sale | 6,442,000 | 6,973,000 | 10,508,000 | 11,538,000 |
| Securities held to maturity | 2,534,000 | 2,327,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,841,000 | 304,631,000 | 308,179,000 | 300,165,000 |
| Interest-bearing deposits | 214,833,000 | 230,410,000 | 229,902,000 | 227,008,000 |
| Noninterest-bearing deposits | 71,008,000 | 74,221,000 | 78,277,000 | 73,157,000 |
| Equity capital | 38,975,000 | 39,877,000 | 40,582,000 | 40,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,340,000 | 8,841,000 | 13,420,000 | 18,186,000 |
| Interest expense | 640,000 | 1,329,000 | 2,088,000 | 2,869,000 |
| Net interest income | 3,700,000 | 7,512,000 | 11,332,000 | 15,317,000 |
| Noninterest income | 236,000 | 496,000 | 767,000 | 1,088,000 |
| Noninterest expense | 2,724,000 | 5,301,000 | 7,969,000 | 10,621,000 |
| Provision for loan losses | 195,000 | 471,000 | 914,000 | 1,265,000 |
| Pretax income | 1,017,000 | 2,235,000 | 3,215,000 | 4,518,000 |
| Income tax | 258,000 | 571,000 | 812,000 | 1,153,000 |
| Net income | 759,000 | 1,664,000 | 2,403,000 | 3,365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,061,000 | 39,966,000 | 40,704,000 | 40,352,000 |
| Total capital | 42,342,000 | 43,466,000 | 43,863,000 | 43,668,000 |
| Risk-weighted assets | 283,808,000 | 280,804,000 | 285,086,000 | 292,349,000 |