Call reports 2017
GARFIELD COUNTY BANK — 2017
What GARFIELD COUNTY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 83,967,000 | 86,097,000 | 87,521,000 | 94,836,000 |
| Total loans | 64,069,000 | 67,645,000 | 69,300,000 | 62,981,000 |
| Allowance for loan losses | 1,102,000 | 1,201,000 | 1,262,000 | 1,288,000 |
| Securities available for sale | 5,474,000 | 5,176,000 | 6,145,000 | 10,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,917,000 | 75,703,000 | 76,814,000 | 83,643,000 |
| Interest-bearing deposits | 63,982,000 | 66,211,000 | 66,522,000 | 70,953,000 |
| Noninterest-bearing deposits | 9,935,000 | 9,492,000 | 10,292,000 | 12,690,000 |
| Equity capital | 9,345,000 | 9,659,000 | 9,946,000 | 10,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 950,000 | 2,083,000 | 3,176,000 | 4,230,000 |
| Interest expense | 175,000 | 377,000 | 592,000 | 819,000 |
| Net interest income | 775,000 | 1,706,000 | 2,584,000 | 3,411,000 |
| Noninterest income | 55,000 | 155,000 | 215,000 | 271,000 |
| Noninterest expense | 490,000 | 899,000 | 1,318,000 | 1,749,000 |
| Provision for loan losses | 16,000 | 266,000 | 317,000 | 317,000 |
| Pretax income | 324,000 | 696,000 | 1,164,000 | 1,616,000 |
| Income tax | 95,000 | 157,000 | 319,000 | 670,000 |
| Net income | 229,000 | 539,000 | 845,000 | 946,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,359,000 | 9,669,000 | 9,956,000 | 10,055,000 |
| Total capital | 10,273,000 | 10,625,000 | 10,941,000 | 10,968,000 |
| Risk-weighted assets | 72,984,000 | 76,313,000 | 78,574,000 | 72,703,000 |