Call reports 2007
GARFIELD COUNTY BANK — 2007
What GARFIELD COUNTY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 29,616,000 | 29,600,000 | 30,075,000 | 32,744,000 |
| Total loans | 22,295,000 | 25,166,000 | 26,271,000 | 25,226,000 |
| Allowance for loan losses | 409,000 | 438,000 | 462,000 | 472,000 |
| Securities available for sale | 5,584,000 | 2,967,000 | 1,947,000 | 4,668,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,739,000 | 24,160,000 | 24,285,000 | 27,320,000 |
| Interest-bearing deposits | 21,153,000 | 20,252,000 | 20,904,000 | 22,981,000 |
| Noninterest-bearing deposits | 3,586,000 | 3,908,000 | 3,381,000 | 4,339,000 |
| Equity capital | 4,298,000 | 4,412,000 | 4,554,000 | 4,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 522,000 | 1,073,000 | 1,668,000 | 2,269,000 |
| Interest expense | 159,000 | 335,000 | 530,000 | 733,000 |
| Net interest income | 363,000 | 738,000 | 1,138,000 | 1,536,000 |
| Noninterest income | 44,000 | 87,000 | 130,000 | 178,000 |
| Noninterest expense | 244,000 | 428,000 | 601,000 | 805,000 |
| Provision for loan losses | 2,000 | 31,000 | 79,000 | 79,000 |
| Pretax income | 161,000 | 364,000 | 586,000 | 828,000 |
| Income tax | 49,000 | 138,000 | 226,000 | 310,000 |
| Net income | 112,000 | 226,000 | 360,000 | 518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,307,000 | 4,421,000 | 4,555,000 | 4,713,000 |
| Total capital | 4,621,000 | 4,763,000 | 4,910,000 | 5,067,000 |
| Risk-weighted assets | 25,036,000 | 27,254,000 | 28,320,000 | 28,178,000 |