Call reports 2011
GARFIELD COUNTY BANK — 2011
What GARFIELD COUNTY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 43,519,000 | 43,983,000 | 44,649,000 | 50,729,000 |
| Total loans | 34,210,000 | 36,440,000 | 37,668,000 | 34,314,000 |
| Allowance for loan losses | 604,000 | 620,000 | 663,000 | 663,000 |
| Securities available for sale | 5,022,000 | 4,292,000 | 2,248,000 | 4,731,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,667,000 | 37,930,000 | 38,340,000 | 44,143,000 |
| Interest-bearing deposits | 32,279,000 | 32,794,000 | 33,087,000 | 37,554,000 |
| Noninterest-bearing deposits | 5,388,000 | 5,136,000 | 5,253,000 | 6,589,000 |
| Equity capital | 5,271,000 | 5,469,000 | 5,676,000 | 5,813,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 554,000 | 1,167,000 | 1,806,000 | 2,389,000 |
| Interest expense | 115,000 | 223,000 | 339,000 | 459,000 |
| Net interest income | 439,000 | 944,000 | 1,467,000 | 1,930,000 |
| Noninterest income | 51,000 | 103,000 | 154,000 | 207,000 |
| Noninterest expense | 301,000 | 532,000 | 765,000 | 1,002,000 |
| Provision for loan losses | 0 | 10,000 | 59,000 | 59,000 |
| Pretax income | 189,000 | 505,000 | 797,000 | 1,076,000 |
| Income tax | 43,000 | 171,000 | 261,000 | 402,000 |
| Net income | 146,000 | 334,000 | 536,000 | 674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,304,000 | 5,456,000 | 5,659,000 | 5,797,000 |
| Total capital | 5,777,000 | 5,955,000 | 6,179,000 | 6,302,000 |
| Risk-weighted assets | 37,749,000 | 39,786,000 | 41,474,000 | 40,207,000 |