Call reports 2007
FARMERS BANK OF LYNCHBURG, THE — 2007
What FARMERS BANK OF LYNCHBURG, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 62,421,000 | 60,292,000 | 60,847,000 | 56,007,000 |
| Total loans | 36,194,000 | 38,140,000 | 37,677,000 | 37,713,000 |
| Allowance for loan losses | 924,000 | 937,000 | 937,000 | 927,000 |
| Securities available for sale | 16,864,000 | 14,825,000 | 14,970,000 | 11,071,000 |
| Securities held to maturity | 28,000 | 27,000 | 26,000 | 25,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,280,000 | 52,070,000 | 52,340,000 | 47,480,000 |
| Interest-bearing deposits | 46,214,000 | 42,640,000 | 42,486,000 | 39,104,000 |
| Noninterest-bearing deposits | 8,066,000 | 9,430,000 | 9,854,000 | 8,376,000 |
| Equity capital | 7,531,000 | 7,581,000 | 7,704,000 | 7,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 945,000 | 1,900,000 | 2,941,000 | 3,900,000 |
| Interest expense | 447,000 | 892,000 | 1,332,000 | 1,741,000 |
| Net interest income | 498,000 | 1,008,000 | 1,609,000 | 2,159,000 |
| Noninterest income | 69,000 | 158,000 | 190,000 | 245,000 |
| Noninterest expense | 464,000 | 923,000 | 1,421,000 | 1,923,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 103,000 | 243,000 | 378,000 | 481,000 |
| Income tax | 30,000 | 76,000 | 119,000 | 150,000 |
| Net income | 73,000 | 167,000 | 259,000 | 331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,597,000 | 7,642,000 | 7,684,000 | 7,706,000 |
| Total capital | 8,096,000 | 8,144,000 | 8,181,000 | 8,192,000 |
| Risk-weighted assets | 39,496,000 | 39,722,000 | 39,304,000 | 38,451,000 |