Call reports 2008
FARMERS BANK OF LYNCHBURG, THE — 2008
What FARMERS BANK OF LYNCHBURG, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 58,355,000 | 58,347,000 | 57,322,000 | 55,021,000 |
| Total loans | 38,074,000 | 35,620,000 | 37,193,000 | 38,673,000 |
| Allowance for loan losses | 931,000 | 931,000 | 926,000 | 912,000 |
| Securities available for sale | 8,196,000 | 9,067,000 | 9,073,000 | 9,166,000 |
| Securities held to maturity | 25,000 | 24,000 | 3,021,000 | 1,022,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,739,000 | 49,902,000 | 48,357,000 | 47,115,000 |
| Interest-bearing deposits | 41,408,000 | 40,829,000 | 40,313,000 | 38,097,000 |
| Noninterest-bearing deposits | 8,331,000 | 9,073,000 | 8,044,000 | 9,018,000 |
| Equity capital | 7,902,000 | 7,799,000 | 7,848,000 | 7,554,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 922,000 | 1,754,000 | 2,566,000 | 3,360,000 |
| Interest expense | 366,000 | 691,000 | 979,000 | 1,223,000 |
| Net interest income | 556,000 | 1,063,000 | 1,587,000 | 2,137,000 |
| Noninterest income | 49,000 | 97,000 | 146,000 | 202,000 |
| Noninterest expense | 454,000 | 878,000 | 1,313,000 | 1,554,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 151,000 | 282,000 | 420,000 | 785,000 |
| Income tax | 49,000 | 93,000 | 134,000 | 272,000 |
| Net income | 102,000 | 189,000 | 286,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,758,000 | 7,740,000 | 7,788,000 | 7,441,000 |
| Total capital | 8,255,000 | 8,209,000 | 8,267,000 | 7,932,000 |
| Risk-weighted assets | 39,330,000 | 39,743,000 | 37,869,000 | 38,814,000 |