Call reports 2020
GARFIELD COUNTY BANK — 2020
What GARFIELD COUNTY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 93,734,000 | 101,580,000 | 104,203,000 | 115,449,000 |
| Total loans | 66,196,000 | 67,689,000 | 66,272,000 | 59,249,000 |
| Allowance for loan losses | 1,408,000 | 1,567,000 | 1,642,000 | 1,258,000 |
| Securities available for sale | 7,051,000 | 5,872,000 | 4,772,000 | 4,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,178,000 | 88,706,000 | 91,060,000 | 102,349,000 |
| Interest-bearing deposits | 70,344,000 | 76,808,000 | 78,986,000 | 87,678,000 |
| Noninterest-bearing deposits | 10,834,000 | 11,898,000 | 12,074,000 | 14,671,000 |
| Equity capital | 11,832,000 | 12,060,000 | 12,251,000 | 12,329,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,074,000 | 2,078,000 | 3,084,000 | 4,032,000 |
| Interest expense | 338,000 | 678,000 | 1,025,000 | 1,378,000 |
| Net interest income | 736,000 | 1,400,000 | 2,059,000 | 2,654,000 |
| Noninterest income | 59,000 | 104,000 | 147,000 | 192,000 |
| Noninterest expense | 622,000 | 985,000 | 1,430,000 | 1,909,000 |
| Provision for loan losses | 25,000 | 95,000 | 121,000 | 121,000 |
| Pretax income | 148,000 | 424,000 | 655,000 | 816,000 |
| Income tax | 25,000 | 95,000 | 133,000 | 207,000 |
| Net income | 123,000 | 329,000 | 522,000 | 609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,765,000 | 11,971,000 | 12,164,000 | 12,251,000 |
| Total capital | 12,740,000 | — | 13,163,000 | — |
| Risk-weighted assets | 77,585,000 | — | 79,285,000 | — |