Call reports 2001
FARMERS BANK OF LYNCHBURG, THE — 2001
What FARMERS BANK OF LYNCHBURG, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 73,694,000 | 70,163,000 | 67,235,000 | 66,711,000 |
| Total loans | 44,451,000 | 42,793,000 | 39,848,000 | 36,254,000 |
| Allowance for loan losses | 1,417,000 | 1,446,000 | 910,000 | 892,000 |
| Securities available for sale | 14,006,000 | 6,520,000 | 10,059,000 | 19,205,000 |
| Securities held to maturity | 2,126,000 | 1,835,000 | 1,631,000 | 1,322,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,124,000 | 61,660,000 | 58,568,000 | 58,552,000 |
| Interest-bearing deposits | 57,284,000 | 53,189,000 | 50,902,000 | 50,133,000 |
| Noninterest-bearing deposits | 7,840,000 | 8,471,000 | 7,666,000 | 8,419,000 |
| Equity capital | 8,090,000 | 8,115,000 | 8,231,000 | 7,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,349,000 | 2,603,000 | 3,761,000 | 4,817,000 |
| Interest expense | 778,000 | 1,478,000 | 2,084,000 | 2,585,000 |
| Net interest income | 571,000 | 1,125,000 | 1,677,000 | 2,232,000 |
| Noninterest income | 36,000 | 92,000 | 146,000 | 195,000 |
| Noninterest expense | 359,000 | 747,000 | 1,120,000 | 1,574,000 |
| Provision for loan losses | 35,000 | 65,000 | 65,000 | 591,000 |
| Pretax income | 223,000 | 427,000 | 664,000 | 288,000 |
| Income tax | 73,000 | 154,000 | 199,000 | 56,000 |
| Net income | 150,000 | 273,000 | 465,000 | 232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,079,000 | 8,103,000 | 8,194,000 | 7,861,000 |
| Total capital | 8,524,000 | 8,519,000 | 8,607,000 | 8,256,000 |
| Risk-weighted assets | 34,613,000 | 32,268,000 | 32,513,000 | 31,094,000 |