Call reports 2023
GARFIELD COUNTY BANK — 2023
What GARFIELD COUNTY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 88,120,000 | 92,403,000 | 89,986,000 | 94,578,000 |
| Total loans | 49,323,000 | 52,679,000 | 54,003,000 | 48,825,000 |
| Allowance for loan losses | 830,000 | 830,000 | 795,000 | 794,000 |
| Securities available for sale | 24,391,000 | 22,945,000 | 21,644,000 | 19,958,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,589,000 | 78,656,000 | 72,544,000 | 79,993,000 |
| Interest-bearing deposits | 57,633,000 | 63,082,000 | 58,455,000 | 59,624,000 |
| Noninterest-bearing deposits | 15,956,000 | 15,574,000 | 14,089,000 | 20,369,000 |
| Equity capital | 13,043,000 | 13,243,000 | 13,458,000 | 14,066,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,111,000 | 2,252,000 | 3,505,000 | 4,703,000 |
| Interest expense | 234,000 | 574,000 | 963,000 | 1,299,000 |
| Net interest income | 877,000 | 1,678,000 | 2,542,000 | 3,404,000 |
| Noninterest income | 72,000 | 126,000 | 189,000 | 256,000 |
| Noninterest expense | 579,000 | 1,060,000 | 1,577,000 | 2,145,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 371,000 | 740,000 | 1,148,000 | 1,475,000 |
| Income tax | 79,000 | 173,000 | 279,000 | 364,000 |
| Net income | 292,000 | 567,000 | 869,000 | 1,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,805,000 | 14,080,000 | 14,382,000 | 14,624,000 |
| Total capital | 14,558,000 | 14,892,000 | 15,176,000 | — |
| Risk-weighted assets | 60,173,000 | 64,942,000 | 65,206,000 | — |