Call reports 2021
GARFIELD COUNTY BANK — 2021
What GARFIELD COUNTY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 100,114,000 | 100,850,000 | 96,855,000 | 97,425,000 |
| Total loans | 57,535,000 | 54,357,000 | 53,632,000 | 48,477,000 |
| Allowance for loan losses | 1,259,000 | 1,077,000 | 1,080,000 | 880,000 |
| Securities available for sale | 9,818,000 | 8,780,000 | 8,006,000 | 7,926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,219,000 | 87,735,000 | 83,588,000 | 84,282,000 |
| Interest-bearing deposits | 73,448,000 | 73,266,000 | 67,999,000 | 67,172,000 |
| Noninterest-bearing deposits | 13,771,000 | 14,469,000 | 15,589,000 | 17,110,000 |
| Equity capital | 12,231,000 | 12,609,000 | 12,714,000 | 12,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 749,000 | 1,847,000 | 2,666,000 | 3,424,000 |
| Interest expense | 329,000 | 610,000 | 871,000 | 1,113,000 |
| Net interest income | 420,000 | 1,237,000 | 1,795,000 | 2,311,000 |
| Noninterest income | 50,000 | 131,000 | 177,000 | 227,000 |
| Noninterest expense | 541,000 | 963,000 | 1,425,000 | 1,860,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -71,000 | 405,000 | 547,000 | 678,000 |
| Income tax | 0 | 85,000 | 122,000 | 173,000 |
| Net income | -71,000 | 320,000 | 425,000 | 505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,180,000 | 12,569,000 | 12,677,000 | 12,756,000 |
| Total capital | 13,075,000 | 13,433,000 | 13,515,000 | 13,546,000 |
| Risk-weighted assets | 71,305,000 | 68,977,000 | 66,848,000 | 63,139,000 |