Call reports 2018
GARFIELD COUNTY BANK — 2018
What GARFIELD COUNTY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 88,063,000 | 87,964,000 | 88,440,000 | 92,225,000 |
| Total loans | 65,267,000 | 69,311,000 | 72,535,000 | 66,303,000 |
| Allowance for loan losses | 1,371,000 | 1,638,000 | 1,777,000 | 1,915,000 |
| Securities available for sale | 12,757,000 | 12,420,000 | 9,457,000 | 9,420,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,748,000 | 76,395,000 | 71,591,000 | 81,034,000 |
| Interest-bearing deposits | 65,784,000 | 66,473,000 | 61,708,000 | 69,664,000 |
| Noninterest-bearing deposits | 10,964,000 | 9,922,000 | 9,883,000 | 11,370,000 |
| Equity capital | 10,171,000 | 10,397,000 | 10,629,000 | 10,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,001,000 | 2,108,000 | 3,182,000 | 4,339,000 |
| Interest expense | 224,000 | 453,000 | 705,000 | 989,000 |
| Net interest income | 777,000 | 1,655,000 | 2,477,000 | 3,350,000 |
| Noninterest income | 58,000 | 108,000 | 167,000 | 237,000 |
| Noninterest expense | 494,000 | 921,000 | 1,375,000 | 1,787,000 |
| Provision for loan losses | 81,000 | 348,000 | 488,000 | 803,000 |
| Pretax income | 260,000 | 494,000 | 781,000 | 997,000 |
| Income tax | 38,000 | 42,000 | 87,000 | 221,000 |
| Net income | 222,000 | 452,000 | 694,000 | 776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,243,000 | 10,472,000 | 10,715,000 | 10,798,000 |
| Total capital | 11,171,000 | 11,448,000 | 11,739,000 | 11,767,000 |
| Risk-weighted assets | 73,853,000 | 77,487,000 | 81,234,000 | 76,646,000 |