Call reports 2014
GARFIELD COUNTY BANK — 2014
What GARFIELD COUNTY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 61,750,000 | 61,339,000 | 61,773,000 | 70,396,000 |
| Total loans | 45,490,000 | 48,352,000 | 50,958,000 | 46,334,000 |
| Allowance for loan losses | 773,000 | 816,000 | 880,000 | 880,000 |
| Securities available for sale | 8,485,000 | 8,136,000 | 6,216,000 | 6,839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,359,000 | 53,652,000 | 53,055,000 | 62,195,000 |
| Interest-bearing deposits | 45,503,000 | 45,438,000 | 44,711,000 | 50,878,000 |
| Noninterest-bearing deposits | 8,856,000 | 8,214,000 | 8,344,000 | 11,317,000 |
| Equity capital | 6,860,000 | 7,107,000 | 7,370,000 | 7,573,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 672,000 | 1,416,000 | 2,258,000 | 3,010,000 |
| Interest expense | 92,000 | 193,000 | 286,000 | 381,000 |
| Net interest income | 580,000 | 1,223,000 | 1,972,000 | 2,629,000 |
| Noninterest income | 43,000 | 88,000 | 161,000 | 172,000 |
| Noninterest expense | 443,000 | 802,000 | 1,134,000 | 1,454,000 |
| Provision for loan losses | 0 | 43,000 | 107,000 | 107,000 |
| Pretax income | 180,000 | 466,000 | 892,000 | 1,273,000 |
| Income tax | 64,000 | 143,000 | 283,000 | 473,000 |
| Net income | 116,000 | 323,000 | 609,000 | 800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,947,000 | 7,155,000 | 7,441,000 | 7,631,000 |
| Total capital | 7,605,000 | 7,840,000 | 8,149,000 | 8,309,000 |
| Risk-weighted assets | 52,520,000 | 54,650,000 | 56,442,000 | 54,032,000 |