Call reports 2015
GARFIELD COUNTY BANK — 2015
What GARFIELD COUNTY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 69,489,000 | 71,737,000 | 74,657,000 | 73,533,000 |
| Total loans | 48,630,000 | 54,427,000 | 57,316,000 | 53,932,000 |
| Allowance for loan losses | 880,000 | 927,000 | 1,001,000 | 1,001,000 |
| Securities available for sale | 7,864,000 | 7,828,000 | 7,699,000 | 7,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,319,000 | 63,244,000 | 65,953,000 | 64,661,000 |
| Interest-bearing deposits | 50,774,000 | 53,531,000 | 56,983,000 | 52,757,000 |
| Noninterest-bearing deposits | 10,545,000 | 9,713,000 | 8,970,000 | 11,904,000 |
| Equity capital | 7,709,000 | 7,881,000 | 8,307,000 | 8,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 801,000 | 1,633,000 | 2,627,000 | 3,502,000 |
| Interest expense | 101,000 | 199,000 | 311,000 | 423,000 |
| Net interest income | 700,000 | 1,434,000 | 2,316,000 | 3,079,000 |
| Noninterest income | 40,000 | 76,000 | 175,000 | 232,000 |
| Noninterest expense | 450,000 | 847,000 | 1,192,000 | 1,659,000 |
| Provision for loan losses | 0 | 47,000 | 121,000 | 121,000 |
| Pretax income | 290,000 | 616,000 | 1,178,000 | 1,531,000 |
| Income tax | 84,000 | 220,000 | 394,000 | 572,000 |
| Net income | 206,000 | 396,000 | 784,000 | 959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,723,000 | 7,913,000 | 8,301,000 | 8,477,000 |
| Total capital | 8,433,000 | 8,681,000 | 9,110,000 | 9,248,000 |
| Risk-weighted assets | 56,638,000 | 61,331,000 | 64,541,000 | 61,492,000 |