Call reports 2016
GARFIELD COUNTY BANK — 2016
What GARFIELD COUNTY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 74,038,000 | 77,999,000 | 77,455,000 | 83,694,000 |
| Total loans | 55,296,000 | 60,495,000 | 63,286,000 | 61,080,000 |
| Allowance for loan losses | 1,090,000 | 1,184,000 | 1,083,000 | 1,092,000 |
| Securities available for sale | 7,037,000 | 6,615,000 | 5,823,000 | 5,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,177,000 | 68,885,000 | 63,943,000 | 74,049,000 |
| Interest-bearing deposits | 55,451,000 | 60,026,000 | 55,547,000 | 63,479,000 |
| Noninterest-bearing deposits | 9,726,000 | 8,859,000 | 8,396,000 | 10,570,000 |
| Equity capital | 8,464,000 | 8,613,000 | 8,832,000 | 9,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 796,000 | 1,617,000 | 2,567,000 | 3,565,000 |
| Interest expense | 112,000 | 233,000 | 372,000 | 521,000 |
| Net interest income | 684,000 | 1,384,000 | 2,195,000 | 3,044,000 |
| Noninterest income | 60,000 | 113,000 | 167,000 | 241,000 |
| Noninterest expense | 537,000 | 964,000 | 1,373,000 | 1,734,000 |
| Provision for loan losses | 90,000 | 191,000 | 276,000 | 291,000 |
| Pretax income | 117,000 | 342,000 | 713,000 | 1,260,000 |
| Income tax | 16,000 | 109,000 | 254,000 | 477,000 |
| Net income | 101,000 | 233,000 | 459,000 | 783,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,464,000 | 8,596,000 | 8,822,000 | 9,145,000 |
| Total capital | 9,277,000 | 9,467,000 | 9,723,000 | 10,024,000 |
| Risk-weighted assets | 64,790,000 | 69,389,000 | 71,898,000 | 70,133,000 |