Call reports 2019
GARFIELD COUNTY BANK — 2019
What GARFIELD COUNTY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 90,485,000 | 91,210,000 | 88,904,000 | 94,911,000 |
| Total loans | 69,372,000 | 71,930,000 | 72,199,000 | 65,743,000 |
| Allowance for loan losses | 1,897,000 | 1,819,000 | 1,897,000 | 1,490,000 |
| Securities available for sale | 10,095,000 | 8,410,000 | 7,363,000 | 6,828,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,788,000 | 79,648,000 | 76,830,000 | 82,163,000 |
| Interest-bearing deposits | 68,138,000 | 68,835,000 | 56,878,000 | 70,703,000 |
| Noninterest-bearing deposits | 10,650,000 | 10,813,000 | 19,952,000 | 11,460,000 |
| Equity capital | 10,939,000 | 10,981,000 | 11,340,000 | 11,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 999,000 | 2,228,000 | 3,410,000 | 4,664,000 |
| Interest expense | 291,000 | 602,000 | 925,000 | 1,256,000 |
| Net interest income | 708,000 | 1,626,000 | 2,485,000 | 3,408,000 |
| Noninterest income | 56,000 | 115,000 | 164,000 | 230,000 |
| Noninterest expense | 520,000 | 1,011,000 | 1,461,000 | 1,987,000 |
| Provision for loan losses | 21,000 | 533,000 | 612,000 | 612,000 |
| Pretax income | 223,000 | 197,000 | 576,000 | 1,039,000 |
| Income tax | 39,000 | 10,000 | 35,000 | 134,000 |
| Net income | 184,000 | 187,000 | 541,000 | 905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,946,000 | 10,949,000 | 11,303,000 | 11,667,000 |
| Total capital | 11,946,000 | 11,971,000 | 12,338,000 | 12,633,000 |
| Risk-weighted assets | 79,174,000 | 80,993,000 | 82,008,000 | 76,789,000 |